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Fort Worth, TX (PRWEB) February 06, 2015
Steamatic, Inc. announced that they have selected ClientRunner Software, Inc. as the exclusive provider of online and mobile workflow/customer relationship management applications for their corporate and franchise system. Individual franchises have already begun the training process and will begin implementing the new technology this month.
Steamatics transition to ClientRunner will allow its franchise system to be integrated with XactAnalysis to help provide better real-time reporting to the insurance carriers and improve Steamatics quality assurance to its customers.
We are excited to be able to offer our franchisees a simple, efficient solution for their CRM and workflow needs. Steamatics switch to ClientRunner is actually the first phase of our plan to improve overall technology for our franchise system, says Steve Willis, President of Steamatic, Inc.
Steamatics long and rich reputation for service, quality and innovation are a great fit with ClientRunners unique vision of providing world class tools and support at the leading edge of technology, says Scott Severe, ClientRunner President & CEO. We appreciate this further validation that national providers of property restoration services are embracing the groundbreaking mobile workflow technology that we are able to provide.
About Steamatic Steamatic offers restoration and cleaning services in franchise territories throughout the United States and worldwide. Steamatics highly trained and certified technicians work with insurance agents and adjusters as well as residential and commercial clients to offer restoration services, including fire and smoke restoration, water mitigation, mold remediation, and contents recovery. Commercial and residential cleaning services include carpet and area rug cleaning, hard surface cleaning, air duct cleaning, and furniture and drapery cleaning. The company celebrates 46 years of franchising, and has been recognized as a top franchise network. For more information on Steamatic, including franchise opportunities, please contact Courtney Caldwell at 817-332-1575 or ccaldwell(at)steamatic(dot)com.
About ClientRunner ClientRunner is a web based and mobile restoration management software system specifically designed to help restoration and cleaning contractors succeed with workflow management, relationship marketing, and analytic reporting that is integrated, powerful, and reasonably priced. ClientRunner has been providing a preferred restoration management solution to customers since 2008. For more information, visit http://www.clientrunner.net/.
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Steamatic, Inc. Switches to ClientRunner Platform
ATLANTA--(BUSINESS WIRE)--Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $18.5 million, or $0.34 per diluted share, for the fourth quarter of 2014, compared to $42.8 million, or $0.79 per diluted share, for the fourth quarter of 2013.
Net income available to common shareholders for the year ended December 31, 2014, was $211.4 million, or $3.88 per diluted share, compared to $106.8 million, or $1.96 per diluted share, for the year ended December 31, 2013.
Net income for the year ended December 31, 2014, included gains on sales of apartment communities of $163.8 million, offset by losses on the extinguishment of indebtedness of $16.6 million, both net of noncontrolling interest. The Companys net income available to common shareholders for the three months and year ended December 31, 2013 included a gain of $28.4 million on the sale of an apartment community.
Funds From Operations
The Company uses the National Association of Real Estate Investment Trusts (NAREIT) definition of Funds from Operations (FFO) as an operating measure of the Companys financial performance. A reconciliation of FFO to GAAP net income is included in the financial data (Table 1) accompanying this press release.
FFO for the fourth quarter of 2014 was $40.1 million, or $0.73 per diluted share, compared to $36.4 million, or $0.67 per diluted share, for the fourth quarter of 2013. For the fourth quarter of 2014, Core FFO (excluding FFO from condominium activities) was $39.5 million, or $0.72 per diluted share, compared to $36.0 million, or $0.66 per diluted share, for the fourth quarter of 2013.
FFO for the year ended December 31, 2014 was $133.1 million, or $2.44 per diluted share, compared to $164.8 million, or $3.01 per diluted share, for the year ended December 31, 2013. For the year ended December 31, 2014, Core FFO (excluding FFO from condominium activities) was $130.9 million, or $2.40 per diluted share, compared to $136.8 million, or $2.50 per diluted share, for the year ended December 31, 2013.
FFO and Core FFO included losses on extinguishment of indebtedness of $16.6 million, net of noncontrolling interest, or $0.30 per diluted share, for the year ended December 31, 2014.
Said Dave Stockert, the Companys CEO and President, 2014 was a terrific year for Post. We produced solid growth in revenue, earnings and cash flow, created value in our development pipeline, and realized high prices for assets we sold. We made a strong balance sheet even stronger, creating capacity for future growth, installed an entirely new technology platform, raised the dividend substantially and produced very attractive total returns to shareholders. Better still, the apartment market and our business are set up well for good results again in the coming year.
Same Store Community Data
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Post Properties Announces Fourth Quarter 2014 Earnings
