In my most recent post I showed that the 25 Raleigh-Durham-Chapel Hill Area Companies with Market Caps above $100 mil reported Total Audited US GAAP Earnings in Annual 2015 which were up a spectacular 271% over Annual 2014.
So, how have they done in the first half of 2016? Exceptionally well again.
With financial statement information filed with the SEC, the 23 Raleigh-Durham-Chapel Hill Area Companies with Market Caps above $100 mil, which have reported First Half Financial Information with the SEC, posted Total US GAAP Earnings From Continuing Operations in the First Half of 2016 which increased by another 86% above that in the First Half of 2015, as you can see in the below chart:
| First | First | |||||
| Calendar | Calendar | |||||
| 6 Months | 6 Months | |||||
| Most | 2016 | 2015 | ||||
| Recent | Net | Net | ||||
| City | ST | 2015 | Income | Income | % | |
| North Carolina Company | HQs | HQs | FYE | (Loss) | (Loss) | Increase |
| $ mils | $ mils | |||||
| Raleigh-Durham-Chapel Hill Area | ||||||
| Quintiles IMS Holdings | Durham | NC | Dec15 | 200.3 | 171.4 | |
| Martin Marietta Materials | Raleigh | NC | Dec15 | 167.2 | 88.1 | |
| First Citizens BancShares | Raleigh | NC | Dec15 | 121.4 | 111.7 | |
| Red Hat | Raleigh | NC | Feb16 | 120.0 | 99.5 | |
| Alliance One Intl Inc | Morrisville | NC | Mar16 | 69.3 | (23.6) | |
| Highwoods Properties Inc | Raleigh | NC | Dec15 | 61.7 | 39.1 | |
| INC Research Holdings | Raleigh | NC | Dec15 | 47.8 | 48.6 | |
| Yadkin Financial Corp | Raleigh | NC | Dec15 | 25.2 | 21.0 | |
| PRA Health Sciences | Raleigh | NC | Dec15 | 22.7 | 29.6 | |
| Triangle Capital Corp | Raleigh | NC | Dec15 | 19.1 | 20.5 | |
| Ply Gem Holdings Inc | Cary | NC | Dec15 | 14.1 | (18.5) | |
| Investors Title Co | Chapel Hill | NC | Dec15 | 6.3 | 5.8 | |
| Paragon Commercial | Raleigh | NC | Dec15 | 6.3 | 5.0 | |
| Cree Inc | Durham | NC | Jun16 | (10.4) | (87.6) | |
| ChannelAdvisor Corp | Morrisville | NC | Dec15 | (11.3) | (15.5) | |
| Argos Therapeutics Inc | Durham | NC | Dec15 | (25.4) | (37.2) | |
| Novan | Durham | NC | Dec15 | (29.2) | (10.1) | |
| BioDelivery Sciences Intl Inc | Raleigh | NC | Dec15 | (35.2) | (27.4) | |
| BioCryst Pharmaceuticals | Durham | NC | Dec15 | (39.1) | (10.3) | |
| Chimerix Inc | Durham | NC | Dec15 | (44.4) | (47.1) | |
| Aerie Pharmaceutics | Research Triangle Park | NC | Dec15 | (45.9) | (36.0) | |
| Cempra Inc | Chapel Hill | NC | Dec15 | (54.2) | (42.4) | |
| Transenterix | Morrisville | NC | Dec15 | (93.0) | (19.5) | |
| Total all 23 | 493.3 | 265.1 | 86% | |||
