Lockheed Martin of Bethesda reported that its second-quarter profit grew to $781 million from $742 million in the prior-year quarter. Revenues rose to $11.92 billion from $11.54 billion.
DiamondRock Hospitality of Bethesda reported a second-quarter profit of $8.9 million, versus a net loss of $556,000 in the prior-year quarter. Revenues rose to $185.5 million from $150.2 million. Funds from operations rose to $30.0 million from $21.1 million. Revenue per available room increased to $139.98 from $131.45, as occupancy rose to 78.7 percent from 77.3 percent and average daily rate grew to $177.90 from $170.00.
Choice Hotels International of Silver Spring reported that its second-quarter profit grew to $31.9 million from $27.6 million in the prior-year quarter. Revenues rose to $173.6 million from $165.3 million. Revenue per available room rose to $41.16 from $38.22, as occupancy grew to 56.6 percent from 54.1 percent and average daily rate increased to $72.69 from $70.72.
Silver Spring drug-maker United Therapeutics reported that its second-quarter profit fell to $72.3 million from $73.9 million in the prior-year quarter. Revenues rose to $225.6 million from $183.8 million.
Rockville biotech Human Genome Sciences reported that its second-quarter net loss widened to $92.8 million from $80.7 million in the prior-year quarter. Revenues rose to $60.3 million from $24.9 million.
Corporate Office Properties Trust of Columbia reported a second-quarter profit of $11.9 million, versus a net loss of $26.0 million in the prior-year quarter. Revenues fell to $133.4 million from $137.1 million. Funds from operations rose to $46.1 million from $37.0 million.
Washington Real Estate Investment Trust of Rockville reported that its second-quarter profit fell to $6.0 million from $6.6 million in the prior-year quarter. Revenues rose to $76.8 million from $71.7 million. Funds from operations fell to $31.6 million from $33.2 million.
W.R. Grace of Columbia reported that its second-quarter profit fell to $69.7 million from $75.5 million in the prior-year quarter. Sales rose to $826.7 million from $826.4 million.
Eagle Bancorp of Bethesda, parent of EagleBank, reported that its second-quarter profit grew to $7.8 million from $5.8 million in the prior-year quarter. Assets at June 30 totaled $2.96 billion, up from $2.83 billion Dec. 31.
WSB Holdings of Bowie, parent of Washington Savings Bank, reported that its second-quarter profit fell to $174,000 from $321,000 in the prior-year quarter. Assets at June 30 totaled $373.6 million, down from $385.0 million Dec. 31.
T. Rowe Price Group of Baltimore reported that its second-quarter profit grew to $206.8 million from $204.7 million in the prior-year quarter. Revenues rose to $736.8 million from $713.7 million.
Under Armour of Baltimore reported that its second-quarter profit grew to $6.7 million from $6.2 million in the prior-year quarter. Sales rose to $369.5 million from $291.3 million.
Medifast of Owings Mills, which provides weight-loss products and programs, reported that its second-quarter profit fell to $2.8 million from $5.9 million in the prior-year quarter. Revenues rose to $93.6 million from $78.3 million.
Tessco Technologies of Hunt Valley, which provides wireless broadband system services, reported that its profit for the quarter ended July 1 fell to $4.2 million from $4.6 million in the prior-year quarter. Revenues rose to $192.4 million from $163.5 million.
TeleCommunication Systems of Annapolis reported a second-quarter net loss of $111.1 million, versus a profit of $2.1 million in the prior-year quarter. Revenues rose to $114.6 million from $100.7 million.
First Mariner Bancorp of Baltimore, parent of First Mariner Bank, reported a second-quarter profit of $5.7 million, versus a net loss of $11.0 million in the prior-year quarter. Assets at June 30 totaled $1.22 billion, up from $1.16 billion a year earlier.
Patapsco Bancorp of Baltimore, parent of the Patapsco Bank, reported that its net loss for the year ended June 30 narrowed to $1.6 million from $2.9 million the prior year. For the quarter ended June 30, it reported a profit of $1.0 million, versus a net loss of $2.3 million in the prior-year quarter. Assets at June 30 totaled $254.4 million, down from $264.6 million a year earlier. The company also reported that it plans to de-register its outstanding common stock.
Tri-County Financial of Waldorf, parent of Community Bank of Tri-County, reported that its second-quarter profit fell to $941,152 from $1.2 million in the prior-year quarter. Assets at June 30 totaled $975.9 million, down from $983.5 million Dec. 31.
Shore Bancshares of Easton, parent of Talbot Bank and CNB, plus several insurance and other financial services companies, reported a second-quarter profit of $293,000, versus a net loss of $233,000 in the prior-year quarter. Assets at June 30 totaled $1.18 billion, up from $1.16 billion Dec. 31.