I excluded all US Utility Companies.
How have these 100 smaller US Companies recovered from the 2008-9 worldwide financial meltdown? Well, miraculously off-the-charts. Their Total Audited Losses From Continuing Operations for the Two Years 2013-2014 were $0.742 bil, a massive $17.201 bil Earnings Improvement from the $17.943 bil Total Audited Losses in the Two Years 2008-9.
It is pretty clear to me that the major drivers of this wholescale, massive loss recovery were prescient steps taken by the Obama Administration and by the US Fed.
The largest US Companies have recovered fantastically well from the 2008-9 US financial meltdown. But it is also very clear that actions by the Obama Administration and the US Fed have helped the smaller US Companies recover from the 2008-9 US financial meltdown even more so than the largest US Companies.
Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations for each of these 100 smaller US Companies for all years reported from 2007 through 2014, presented in order of stock market cap of several weeks ago:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||
| Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||||
| Most | Net | Net | Net | Net | Net | Net | Net | Net | |||
| City | State | Recent | Income | Income | Income | Income | Income | Income | Income | Income | |
| US Largest Companies: #2401 - #2500 | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
| $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
| OMNOVA Solutions Inc | Beachwood | OH | Dec14 | 12 | 21 | 26 | 17 | 117 | 27 | (3) | (11) |
| America First Multifamily Investors LP | Omaha | NE | Dec14 | 15 | 15 | 3 | (2) | (0) | (3) | (2) | 0 |
| Cohu Inc | Poway | CA | Dec14 | 6 | (34) | (12) | 15 | 24 | (28) | (5) | 8 |
| Flexsteel Industries Inc | Dubuque | IA | Jun15 | 22 | 15 | 13 | 13 | 10 | 11 | (2) | 4 |
| Sonus Networks Inc | Westford | MA | Dec14 | (17) | (22) | (50) | (13) | (11) | (5) | (116) | (23) |
| iHeartMedia Inc | San Antonio | TX | Dec14 | (762) | (584) | (411) | (268) | (463) | (4,049) | (4,627) | 840 |
| Synutra Intl Inc | Rockville | MD | Mar15 | 72 | 30 | (64) | 17 | (40) | (25) | (101) | 46 |
| Newcastle Investmemt Corp | New York | NY | Dec14 | 68 | 141 | 404 | 304 | 622 | (210) | (2,976) | (65) |
| Independent Bank Corp (MI) | Ionia | MI | Dec14 | 18 | 78 | 26 | (20) | (17) | (90) | (92) | 10 |
| Sorrento Therapeutics Inc | San Diego | CA | Dec14 | (35) | (22) | (5) | (3) | (2) | (1) | (0) | |
| Idera Pharmaceuticals Inc | Cambridge | MA | Dec14 | (39) | (18) | (19) | (24) | (18) | 8 | 2 | (13) |
| Park Sterling Corp | Charlotte | NC | Dec14 | 13 | 15 | 4 | (8) | (8) | 1 | 2 | (2) |
| Tangoe Inc | Orange | CT | Dec14 | 3 | 5 | 3 | (3) | (2) | (3) | (7) | (10) |
| Oclaro Inc | San Jose | CA | Jun15 | (48) | (102) | (120) | (64) | (46) | 11 | (26) | (23) |
| STAAR Surgical Co | Monrovia | CA | Dec14 | (8) | 0 | (2) | 1 | (4) | (7) | (25) | (17) |
| Ruby Tuesday Inc | Maryville | TN | May15 | (3) | (65) | (23) | 4 | 50 | 45 | (18) | 26 |
| FRP Holdings Inc | Jacksonville | FL | Sep14 | 10 | 15 | 8 | 7 | 7 | 8 | 8 | 10 |
| Dilligent Corp | New York | NY | Dec14 | 9 | 6 | 11 | (1) | (3) | (4) | (18) | (8) |
| Digi Intl Inc | Minnetonka | MN | Sep14 | 2 | 6 | 8 | 11 | 9 | 4 | 12 | 20 |
| Bank of Marin Bancorp | Novato | CA | Dec14 | 20 | 14 | 18 | 16 | 14 | 13 | 12 | 12 |
| Del Frisco's Restaurant Group Inc | Southlake | TX | Dec14 | 17 | 12 | 15 | 10 | 9 | 9 | 7 | 10 |
| Everi Holdings Inc | Las Vegas | NV | Dec14 | 12 | 24 | 26 | 9 | 18 | 34 | 27 | 27 |
| West Bancorporation Inc | West Des Moines | IA | Dec14 | 20 | 17 | 16 | 15 | 13 | (5) | 7 | 18 |
| BFC Financial Corp | Fort Lauderdale | FL | Dec14 | 27 | 71 | 44 | (8) | (145) | (93) | (319) | (243) |
| NACCO Industries Inc | Cleveland | OH | Dec14 | (38) | 45 | 42 | 80 | 47 | 8 | (440) | 90 |
| Century Aluminum Co | Chicago | IL | Dec14 | 112 | (40) | (36) | 11 | 60 | (206) | (895) | (106) |
| Ascent Capital Group Inc | Greenwood Village | CO | Dec14 | (37) | (22) | (25) | (29) | (34) | (56) | (8) | 6 |
| Vocera Communications Inc | San Jose | CA | Dec14 | (28) | (10) | 3 | (2) | 1 | (1) | (6) | (4) |
| Stone Energy Corp | Lafayette | LA | Dec14 | (190) | 118 | 149 | 194 | 96 | (218) | (1,147) | 181 |
| Arrowhead Research Corp | Pasadena | CA | Sep14 | (59) | (32) | (22) | (9) | (4) | (19) | (34) | (36) |
| Sigma Designs Inc | Milpitas | CA | Jan15 | (22) | (11) | (102) | (168) | 9 | 2 | 26 | 70 |
| Jones Energy Inc | Austin | TX | Dec14 | 224 | 22 | (3) | 60 | 25 | |||
| Corenergy Infrastructure Trust Inc | Kansas City | MO | Nov14 | 7 | 5 | 12 | 3 | 15 | 0 | (24) | 5 |
| Peoples Financial Services Corp | Scranton | PA | Dec14 | 8 | 6 | 5 | 3 | 5 | 5 | 3 | 5 |
| Weyco Group Inc | Glendale | WI | Dec14 | 19 | 18 | 19 | 15 | 14 | 13 | 17 | 23 |
| Northern Oil & Gas Inc | Wayzata | MN | Dec14 | 164 | 53 | 72 | 41 | 7 | 3 | 2 | (4) |
| ARC Document Solutions Inc | Walnut Creek | CA | Dec14 | 7 | (15) | (31) | (133) | (28) | (15) | 37 | 69 |
| AV Homes Inc | Scottsdale | AZ | Dec14 | (2) | (8) | (88) | (166) | (36) | (29) | 110 | 21 |
| MGP Ingredients Inc | Atchison | KS | Dec14 | 24 | (6) | 2 | (1) | 9 | (69) | (12) | 18 |
| RadNet Inc | Los Angeles | CA | Dec14 | 1 | 2 | 60 | 7 | (13) | (2) | (13) | (18) |
| Ameresco Inc | Framingham | MA | Dec14 | 10 | 2 | 18 | 33 | 28 | 20 | 18 | 11 |
| ChemoCentryx Inc | Mountain View | CA | Dec14 | (47) | (39) | (40) | (5) | (3) | 16 | (18) | (16) |
| Heritage Oaks Bancorp | Paso Robles | CA | Dec14 | 9 | 11 | 13 | 8 | (18) | (7) | 2 | 7 |
| IDT Corporation | Newark | NJ | Jul15 | 86 | 21 | 18 | 31 | 21 | 7 | (98) | (181) |
| Panhandle Oil and Gas Inc | Oklahoma City | OK | Sep14 | 25 | 14 | 7 | 8 | 11 | (2) | 22 | 6 |
| Navidea Biopharmaceuticals Inc | Dublin | OH | Dec14 | (36) | (43) | (29) | (17) | (54) | (42) | (8) | (7) |
| Blount Intl Inc | Portland | OR | Dec14 | 37 | 5 | 40 | 50 | 41 | 22 | 37 | 31 |
| Oncothyreon Inc (USA) | Seattle | WA | Dec14 | (50) | (39) | (3) | (43) | (16) | (17) | 7 | (20) |
| Orchids Paper Products Co | Pryor | OK | Dec14 | 9 | 13 | 9 | 6 | 6 | 14 | 5 | 3 |
| Everyday Health Inc | New York | NY | Dec14 | 13 | (13) | (19) | (13) | (10) | (19) | (13) | (6) |
| PHI Inc | Lafayette | LA | Dec14 | 33 | 59 | 18 | 5 | 7 | 13 | 24 | 28 |
| Applied Optoelectronics Inc | Sugar Land | TX | Dec14 | 4 | (1) | (1) | (5) | (3) | (13) | (19) | |
| Bonanza Creek Energy Inc | Denver | CO | Dec14 | (0) | 13 | 47 | 69 | 20 | (130) | 69 | (40) |
| KEYW Holding Corp | Hanover | MD | Dec14 | (13) | (11) | 1 | 1 | 11 | (2) | (1) | 2 |
| Cryolife Inc | Kennesaw | GA | Dec14 | 7 | 16 | 8 | 7 | 4 | 9 | 32 | 7 |
| Kratos Defense & Security Solutions Inc | San Diego | CA | Dec14 | (78) | (32) | (113) | (24) | 15 | (38) | (104) | (27) |
| Lumos Networks Corp | Waynesboro | VA | Dec14 | 22 | 18 | 16 | (44) | 21 | 23 | 23 | 21 |
| TechTarget Inc | Newton | MA | Dec14 | 4 | (2) | 4 | 5 | (1) | (5) | 2 | 7 |
| Hovnanian Enterptises Inc | Red Bank | NJ | Oct14 | 307 | 31 | (66) | (286) | 3 | (717) | (1,125) | (627) |
| BBX Capital Corp | Fort Lauderdale | FL | Dec14 | 4 | 48 | (28) | (60) | (133) | (190) | (219) | (30) |
| Journal Media Group Inc | Milwaukee | WI | Dec14 | (26) | (17) | (12) | (25) | 5 | |||
| P.A.M. Transportation Services Inc | Tontitown | AR | Dec14 | 13 | 6 | 2 | (3) | (1) | (11) | (19) | 3 |
| America's Car-Mart Inc | Bentonville | AR | Apr15 | 29 | 21 | 32 | 33 | 28 | 27 | 18 | 15 |
| Destination XL Group Inc | Canton | MA | Jan15 | (11) | (60) | 8 | 45 | 17 | 6 | (108) | 4 |
| Galena Biopharma Inc | Portland | OR | Dec14 | (37) | (77) | (33) | (3) | (12) | (18) | (14) | (11) |
| Natural Gas Services Group Inc | Midland | TX | Dec14 | 14 | 14 | 13 | 10 | 7 | 11 | 16 | 12 |
| Threshold Pharmaceuticals Inc | South San Francisco | CA | Dec14 | (22) | (28) | (71) | (26) | (19) | (24) | (18) | (31) |
| Telenav Inc | Sunnyvale | CA | Jun15 | (23) | (30) | 6 | 32 | 45 | 41 | 30 | 5 |
| Seneca Foods Corp | Marion | NY | Mar15 | 10 | 14 | 41 | 11 | 18 | 48 | 19 | 8 |
| Pacific Continental Corp | Eugene | OR | Dec14 | 16 | 14 | 13 | 5 | 5 | (5) | 13 | 13 |
| Intrepid Potash Inc | Denver | CO | Dec14 | 10 | 22 | 87 | 109 | 45 | 55 | 143 | 30 |
| United States Lime & Minerals Inc | Dallas | TX | Dec14 | 19 | 15 | 16 | 22 | 18 | 14 | 14 | 10 |
| American Software Inc | Atlanta | GA | Apr15 | 8 | 10 | 10 | 11 | 7 | 6 | 4 | 7 |
| Republic Airways Holdings Inc | Indianapolis | IN | Dec14 | 64 | 48 | 31 | (93) | 48 | 36 | 85 | 83 |
| Arctic Cat Inc | Plymouth | MN | Mar15 | 5 | 39 | 40 | 30 | 13 | 2 | (10) | (3) |
| Immunomedics Inc | Morris Plains | NJ | Jun15 | (48) | (36) | (11) | 1 | (14) | 37 | 2 | (23) |
| Peoples Utah Bancorp | American Fork | UT | Dec14 | 15 | 12 | 9 | 7 | 3 | |||
| PowerSecure Intl Inc | Wake Forest | NC | Dec14 | (7) | 4 | 2 | 19 | 2 | 3 | 8 | (4) |
| Boingo Wireless Inc | Los Angeles | CA | Dec14 | (19) | (3) | 8 | 7 | 16 | 1 | (6) | (3) |
| CIBER Inc | Greenwood Village | CO | Dec14 | (19) | (8) | (4) | (52) | (55) | 13 | 23 | 20 |
| Carbonite Inc | Boston | MA | Dec14 | (9) | (11) | (19) | (24) | (26) | (19) | (17) | (11) |
| Amyris Inc | Emeryville | CA | Dec14 | 2 | (235) | (206) | (180) | (83) | (65) | (42) | (12) |
| Era Group Inc | Houston | TX | Dec14 | 17 | 19 | 8 | 2 | (4) | 2 | (2) | (0) |
| Exar Corporation | Fremont | CA | Mar15 | (45) | 6 | 3 | (28) | (36) | (28) | (73) | (196) |
| Heritage Commerce Corp | San Jose | CA | Dec14 | 13 | 12 | 10 | 11 | (56) | (12) | 2 | 14 |
| GenMark Diagnostics Inc | Carlsbad | CA | Dec14 | (38) | (34) | (22) | (24) | (18) | (20) | (28) | (24) |
| Agilysys Inc | Alpharetta | GA | Mar15 | (11) | (3) | (6) | (37) | (24) | (8) | (179) | (13) |
| Daily Journal Corp | Los Angeles | CA | Sep14 | 1 | 4 | 6 | 8 | 8 | 8 | 7 | 5 |
| JPEP Partners LP | Irving | TX | Dec14 | (43) | (13) | (10) | (1) | (3) | |||
| Handy & Harman Ltd | White Plains | NY | Dec14 | 15 | 21 | 14 | 128 | (6) | (18) | 12 | (21) |
| NVE Corp | Eden Prairie | MN | Mar15 | 14 | 11 | 12 | 11 | 13 | 12 | 10 | 7 |
| NASB Financial Inc | Grandview | MO | Sep14 | 17 | 28 | 18 | (16) | 6 | 19 | 9 | 15 |
| Liberty Tax Inc | Virginia Beach | VA | Apr15 | 9 | 22 | 18 | 16 | 15 | 11 | 12 | 17 |
| First Connecticut Bancorp Inc | Farmington | CT | Dec14 | 9 | 4 | 4 | (4) | 5 | 1 | 2 | 5 |
| PFSweb Inc | Allen | TX | Dec14 | (5) | (6) | (2) | (4) | (3) | (5) | (16) | (1) |
| Solazyme Inc | South San Francisco | CA | Dec14 | (162) | (116) | (83) | (54) | (16) | (14) | (15) | (5) |
| Aratana Therapeutics Inc | Kansas City | KS | Dec14 | (39) | (7) | (12) | (3) | (7) | |||
| American Science & Engineering Inc | Billerica | MA | Dec14 | 1 | 15 | 17 | 21 | 43 | 36 | 28 | 17 |
| Hooker Furniture Corp | Martinsville | VA | Feb15 | 13 | 8 | 9 | 5 | 3 | 3 | 7 | 20 |
| Heritage Financial Group Inc | Albany | GA | Dec14 | 8 | 11 | 7 | 4 | 1 | (2) | (0) | 3 |
| Total all 100 | (272) | (470) | (171) | (372) | 245 | (5,851) | (12,092) | 60 | |||
| Loss Reduction 2014 vs 2008 | 11,820 | ||||||||||
| Two Year Loss Totals: | |||||||||||
| ….. 2013-14 | (742) | ||||||||||
| ….. 2008-9 | (17,943) | ||||||||||
| ………. Two Year Loss Reduction | 17,201 |
