From
a review of US SEC filings, there were 2 Companies headquartered in Maine with
stock market caps of more than $1 Bil recently.
My focus is on Pretax Income rather than on After-Tax Net Income
because Income Taxes are simply a transfer of financial wealth between US
Corporations and the US Federal, US State and Foreign Governments. It has
nothing whatsoever to do with Company Operating Performance.
From a review of SEC filings, the chart below shows the Gold-Standard
US GAAP Pretax Income (Loss) From Continuing Operations for the Second and
First Quarters of both 2018 and 2017 for these 2 Maine Companies.
US | US | US | US | ||||
GAAP | GAAP | GAAP | GAAP | ||||
Pretax | Pretax | Pretax | Pretax | ||||
Income | Income | Income | Income | ||||
(Loss) | (Loss) | (Loss) | (Loss) | ||||
June Qtr | June Qtr | % | Mar Qtr | Mar Qtr | % | ||
July Qtr | July Qtr | Change | Apr Qtr | Apr Qtr | Change | ||
Maine Companies | or Aug Qtr | or Aug Qtr | Better | or May Qtr | or May Qtr | Better | |
Market Caps Above $1 Bil | 2018 | 2017 | (Worse) | 2018 | 2017 | (Worse) | |
mils $ | mils $ | mils $ | mils $ | ||||
Idexx Labs | 137 | 115 | 19% | 104 | 85 | 22% | |
WEX Inc | 53 | 27 | 96% | 65 | 44 | 48% | |
Total both Maine Companies | 190 | 142 | 34% | 169 | 129 | 31% |