Excellent results this morning.
Second quarter revenues increased 45% to $18,302,000 from $12,640,000 a year
ago. Net earnings climbed 82% to $1,120,000 (3 cents per share) from $615,000
(2 cents per share) in the same quarter last year.
Revenues for the six months rose 38% to $31,017,000 from $22,468,000 in the
same period of the previous year, and net earnings increased 55% to
$1,607,000 (5 cents per share) from $1,038,000 (3 cents per share) a year
earlier. Cash flow from operations grew 32% to $2,683,000 (8 cents per
share) from $2,026,000 (6 cents per share).
Operating income climbed by 69% in the first half of 1998, and 92% in the
second quarter. |
