JNIC looks like a better short now than before, #2 EP 11/3 released this morning before the open gapped up about 2 but is about 2 1/2 above the gap up. This stock always has a pre-earnings slump than spends the rest of the month catching up nicely. NCOG should be watched, it plays to a different drummer. Earnings came out on August 13 stock went up 10 points in the next four weeks, Earnings came out May 13, NCOG was 10 points higher in the next four weeks also.
NCO Group, Inc. Reports Record Third Quarter Results With Net Income Of $0.37 Per Share
FORT WASHINGTON, Pa., Nov. 3 /PRNewswire/ -- NCO Group, Inc. (''NCO'')(Nasdaq: NCOG - news), a leading provider of accounts receivable management and other outsourced revenue cycle management services, reported today that strong growth and a focus on operating efficiencies boosted revenue and profits to record levels.
Net income for the quarter ended September 30, 1999 was $8.9 million, or $0.37 per share, on a diluted basis, from $3.8 million, or $0.17 per share, on a diluted basis, in the third quarter a year ago. Revenue in the third quarter of 1999 was $136.1 million, an increase of 114.0% or $72.5 million, from revenue of $63.6 million in the third quarter of the previous year. Pro forma revenue for the third quarter of 1999, assuming the August 20, 1999 acquisition of Compass International Services Corporation (''Compass'') had occurred at the beginning of the period, was $148.4 million. |
