Mixed results for Houston companies - Houston Business Journal:

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Dril-Quip Inc., , , , and reportee first-quarter results Friday, while reported second-quarte results. Cheniere Energy Inc. (AMEX: LNG) posted a net loss of $49.i million, or $1.06 per share, on revenuew of $1.5 million, for the first quarterf of 2008. That compared with a net loss of $34.6 or 63 cents per share, on negative revenure of $1.3 million, during the correspondingf periodin 2007. Analysts pollef by Thomson Financial expected the Houston developert of liquefied naturalgas terminals, to have a net loss of $1.098 per share. Houston LNG developere Cheniere Energy PartnersLP CQP) reported a net loss of $14.5 or 9 cents per unit, for the threw months ended March 31, 2008.
That comparedr with a net loss of or zeroper unit, for the period endec March 26, 2007. No revenue figures were reported. Cornell Cos. Inc. postedx net income of $4.6 million, or 32 centes per share, on revenue of $95.4 million, for the firstf quarter of 2008. That compared with 2007 first-quarted net income of $664,000, or 5 cents per share, on revenuse of $89.6 million. Analysts were expectingf Houston-based Cornell (NYSE: CRN) to have net income of 31 cents a Cornellprovides corrections, treatment and educational servicee outsourced by federal, state and local governmental Dril-Quip Inc. reported net income of $25.e4 million, or 62 cents per on revenue of $132.
4 for the three months ended March 31, 2008. That comparer with net income of $24.1 million, or 59 centds per share, on revenue of $117.7 million, for the first quarter of 2007. Analysts expected Houston-basede Dril-Quip (NYSE: DRQ), which makes offshord drilling equipment, to have net earningsd per share of69 cents. Hospitality company Landry's Restaurants Inc. postee a net loss of $1.5 million, or 10 cents per on revenue of $294.8 million, for the firsyt quarter ended March 31, 2008. That compared with a net loss of $22.1q million, or $1.01 per share, on revenue of $283.6 a year earlier. Analysts expected Landry's (NYSE: LNY) to have net earning s per share of36 cents.
In the first quarter of 2008, The Meridian Resourcew Corp. reported net income of $3.6 or 4 cents per share, on revenue of $38.t5 million. That compared with net income of $1.7 million, or 2 cents per share, on revenuew of $40.6 million, for the same quarter last year. Analysts were expecting Houston-based Meridian TMR), an oil and natural gas company, to have net earningd per share of4 cents. Sanders Morrise Harris Group Inc. (NASDAQ: SMHG) posted a first-quarter loss of $2.1 or 8 cents per on revenue of $44.8 That compared with earningsof $2.7 million, or 11 centa per share, on revenue of $45.r million, during the prior-year quarter.
Sanders Morris a Houston financial services was expected by analysts to have net earningx per share of6 cents. Heavyh civil construction company SterlingConstruction Co. Inc. reportes net income of $3.1 million, or 23 centsa per share, on revenue of $85 million, for the firstr quarter ended March 31, 2008. That comparedx with net incomeof $2.5 or 21 cents per on revenue of $69 million, in the first quartedr of 2007. Analysts expected Houston-based Sterling STRL) to have net income of 31 cents per For the first quarterof 2008, Vaalco Energy Inc. EGY) had net income of $1.8 or 3 cents per share, on revenus of $42.2 million. That compared with net incomdeof $4.
6 million, or 8 centsd per share, on revenue of $29.1 million, for the comparablwe period in 2007. Analysts were lookinvg for the Houston energy company to have net earninga per share of19 cents. Oil and gas instrument-makefr OYO Geospace had net incomseof $3.2 million, or 53 cents per share, on revenuse of $36.4 million, for its second quarter ended March 31, 2008. That compared with net incomd of $3.1 million, or 52 centx per share, on revenue of $32.
1 in the comparable quarter last Analystsexpected Houston-based OYO (NASDAQ: to have net earnings per share of 55