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To: Joe Copia who wrote (96576)11/21/2001 9:41:55 AM
From: LANCE B  Read Replies (1) | Respond to of 150070
 
HQNT-NICE NEWS THIS MORNING
H-Quotient, Inc., Third Quarter Earnings More Than Double 2nd Quarter Earnings
VIENNA, Va., Nov 21, 2001 /PRNewswire via COMTEX/ -- H-Quotient, Inc., (OTC Bulletin Board: HQNT chart, msgs) announced earnings for the third quarter ending September 30, 2001, of $650,810, more than double the 2nd quarter earnings of $268,232. Earnings per share were $.03 compared with $.01 in the 2nd quarter. The book value of the company increased from $4,233,185 on the December 31, 2000, fiscal year-end to $5,967,843 on September 30, 2001, which is $0.26 per share.

President and CEO Douglas Cohn said, "Even in this historically slow period, the company continued to book profits from its two divisions, H- Quotient and Quotient Capital, which will provide the necessary resources to rollout I-Link Enterprise, upgrade DataQual, complete DataQuotient, expand research and development, and buyback stock to fund acquisitions."

This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

For more information visit the H-Quotient web site at hquotient.com .

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Source: H-Quotient, Inc.

Contact:

H-Quotient, Inc., +1-703-821-3434
URL: hquotient.com

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Additional Headlines

11/21 09:23 PR Newswire
H-Quotient, Inc., Third Quarter Earnings More Than Double 2nd Quarter Earnings
11/09 09:40 PR Newswire
H-Quotient, Inc.'s Stock Buyback Program Seeking Blocks of Stock

11/06 08:19 PR Newswire
H-Quotient, Inc., Announces Contract With OCR Services, Inc.

10/26 08:57 PR Newswire
H-Quotient, Inc., Announces Stock Buyback Program





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