11:54 AM EST - ADF Group Inc. : posted third-quarter net earnings of $1.4 million or $0.04 per share, compared to $6.5 million or $0.18 per share for the same quarter last year. The company noted that last year's third-quarter results included a $3.9-million net foreign exchange gain, before taxes, compared with an immaterial foreign exchange gain this year, without which net earnings of the prior-year quarter would have amounted to approximately $3.7 million. Revenues for the quarter were $15.8 million, compared to $25.1 million in the same quarter last year. For the first-nine month period, net earnings totaled $5.5 million or $0.15 per share, compared to $13.8 million or $0.37 per share for the same period last year. Revenues for the period totaled $51.3 million, compared with $74.3 million for the same period of 2008. ADF Group Inc.
shares T.DRX are trading down $0.02 at $2.65.