D/b/a Compass Diversified Holdi (NYSE:CODI)

The GeoTeam® will track the Compass Diversified Holdings story due to 2010 analyst estimates indicating that EPS will grow 32.9% to $1.09. 

2010 First Quarter Excerpt:

Commenting on the quarter, Joe Massoud, CEO of Compass Diversified Holdings, said, "We are very pleased by our strong start to 2010, as our first quarter results exceeded management's expectations. We continue to realize important benefits from our efforts to take advantage of the economic downturn to expand market share at each of our businesses. In addition to the notable increase in revenues and Cash Flow during the first quarter, which historically has been our weakest due to seasonality factors, we consummated two highly accretive acquisitions utilizing our disciplined approach. First, we completed the acquisition of Circuit Express, a quick-turn producer of printed circuit boards primarily for the aerospace and defense-related markets, which we believe is an excellent addition to Advanced Circuits. We also acquired Liberty Safe, the premier designer, manufacturer and marketer of home and gun safes in North America. This platform acquisition increases our number of subsidiaries to seven, and provides exciting growth potential based on Liberty Safe's industry leadership and positive macro trends in its industry. Going forward, we remain on pace to deliver substantial year-over-year growth in Cash Flow for 2010 before taking into effect these two accretive acquisitions."

Mr. Massoud concluded, "In support of our strategic growth initiatives, we took active measures to strengthen our balance sheet by completing a 5.3 million primary share offering that generated net proceeds of approximately $75.0 million, underscoring our short-term and long-term prospects. By maintaining significant access to capital, we remain well positioned to take advantage of additional opportunities to grow our business for our shareholders at favorable valuations and terms."

2010 Third 2009 Quarter Excerpt:

Commenting on the quarter, Joe Massoud, CEO of Compass Diversified Holdings, said, "We are pleased with our third quarter performance. Our subsidiary management teams continue to do an excellent job of managing costs, while our strategy to use our leading market positions and balance sheet strength to increase relative market shares during this economic downturn has been successful at a number of our companies, yielding improved top-line metrics. These efforts not only contributed to our cash flow generation in the current period; more importantly, they position our companies to emerge from the current economic environment as even stronger participants in their respective market niches. Based on our improved prospects and our generation of Cash Flow thus far this year, we believe that we are well positioned to surpass our previously announced guidance for the full year 2009 and to achieve year over year growth in Cash Flow for 2010."

Mr. Massoud concluded, "In addition to this expectation for growth within our current family of businesses, management continues to aggressively pursue acquisitions of new platform businesses. With significant access to capital, we believe these opportunities are significant and attractive, although we remain committed to a disciplined approach to valuation and diligence."