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Technology Stocks : Profit Recovery Group (PRGX)

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To: Hawk River Trading who wrote (1)5/3/1998 8:21:00 PM
From: Doug (Htfd,CT)  Read Replies (1) of 32
 
First Quarter EPS Increases 50% to $0.06

QUOTE:
ATLANTA, April 22 /PRNewswire/ -- The Profit Recovery Group International, Inc. (Nasdaq: PRGX - news; the ''Company'') today reported record financial results for the first quarter ended March 31, 1998.

Total revenues for the first quarter of 1998 increased 58% to $33.1 million, up from $21.0 million in the comparable period last year. Operating income for the first quarter of 1998 grew to $2.2 million, a 75% improvement over operating income of $1.2 million in last year's first quarter.

Net earnings for the quarter ended March 31, 1998 increased 41% to $1.1 million versus $792,000 reported for the first quarter of last year. Earnings per share were up 50% to $0.06 per diluted share from $0.04 per diluted share reported for the same period last year.


Full story at: biz.yahoo.com

Doug (no position in PRGX)
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