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Non-Tech : CGX.....Consolidated Graphics -- Ignore unavailable to you. Want to Upgrade?


To: Derrick Welch who wrote (7)1/26/2000 1:34:00 PM
From: R. Murphey  Read Replies (1) | Respond to of 11
 
Consolidated Graphics Reports Q3 "Inline" with Estimates[Zack's]

Consolidated Graphics Reports Third Quarter Results

Business Wire - January 26, 2000 08:31

HOUSTON--(BUSINESS WIRE)--Jan. 26, 2000--Consolidated Graphics, Inc.
(NYSE:CGX) today announced results for the third quarter and nine months ended December 31,1999.

Third Quarter:

- Sales increased 34% to $158.4 million;
- Operating income grew 12% to $18.2 million;
- Net income increased 2% to $8.9 million;
- Earnings per diluted share decreased 7% to $.56 per share.

Nine Months:

- Sales increased 49% to $457.1 million;
- Operating income grew 39% to $59.7 million;
- Net income increased 34% to $30.3 million;
- Earnings per diluted share increased 18% to $1.93 per share.

As previously announced, third quarter financial results were negatively impacted by reduced demand and pricing pressures attributable to a slowdown in industry conditions.

<<snip>>

Full text at: businesswire.com