Earnings roundup: Xoma 4Q profit falls on weak contract revenue, Pacific Sunwear loss widens

Earnings roundup: Xoma, Pacific Sunwear

Among the earnings stories for Thursday, March 11, from AP Financial News:

BERKELEY, Calif. (AP) — Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract revenue dipped.

ANAHEIM, Calif. (AP) — Clothing chain Pacific Sunwear of California Inc. reported that its fourth-quarter loss widened as sales fell.

DENVER (AP) — Air Methods Corp., which provides emergency medical air transportation, said that its fourth-quarter profit fell 27 percent as severe weather led providers to cancel patient transports.

NEW YORK (AP) — Clothing retailer Aeropostale Inc.’s profit jumped 42 percent in the fourth quarter on higher sales, and it also said that its 2010 profit would be better than Wall Street expects.

NEW YORK (AP) — Firearms maker Smith & Wesson Holding Corp. reported almost flat third-quarter profit, hurt by lower gun demand but helped by an acquisition.

BIRMINGHAM, Ala. (AP) — Chain book store Books-A-Million Inc. reported that its profit edged up slightly in the fourth quarter despite a drop in sales.

SAN FRANCISCO (AP) — Defense contractor Kratos Defense & Security Solutions Inc. reported a fourth-quarter profit.

HOUSTON (AP) — Energy company Western Gas Partners LP said its fourth-quarter profit fell 12.3 percent as volume fell, although the results were still above analyst expectations.

ALAMEDA, Calif. (AP) — Telecommunication company UTStarcom Inc. said its loss narrowed in the fourth quarter, as it continued restructuring to focus on IP-based technology.

WALTHAM, Mass. (AP) — Petroleum product supplier Global Partners LP said that its fourth-quarter profit fell 4 percent as is sales dipped.