Last available earnings report on LGS.
Anyone have earnings estimate for last quarter.?
ME SYMBOL: LGS.A
AUGUST 23, 1996
MONTREAL, QUEBEC--LGS Group Inc., an international consulting firm
specialized in systems integration, is pleased to announce its
first quarter results for the period ended June 30, 1996.
LGS Group consolidated revenues reached $19.9 million during the
first quarter, compared to $19.7 million for the same period last
year. Net earnings are $190,000, or $0.02 per share, compared to
net earnings of $382,000 or $0.04 per share last year.
In his comments on the results of the first quarter, following last
year's excellent performance, President Raymond Lafontaine
indicated that "this quarter represents a transition between
information technology contracts which were very successfully
delivered last year, and a new wave of key projects now starting,
the impact of which on company income and profits will be better
felt during the course of this year." Over the past few months,
the company has won several mandates, namely in the field of
computer systems transformation for the Year 2000, as well as high
technology areas such as data warehousing, computer networks and
the Information Highway.
LGS is a leader in systems integration, business process
reengineering and information technology consulting. It counts
more than 1,000 professionals in fourteen business offices in
Canada and Europe.
FINANCIAL RESULTS
LGS GROUP INC.
For the quarter
ended June 30
1996 1995
________________________________________________________
Revenues $19,956,000 $19,690,000
________________________________________________________
Net earnings (net loss) $190,000 $382,000
________________________________________________________
Net earnings per share
(loss per share) $0.02 $0.04
________________________________________________________
|
