BROCK INTERNATIONAL, INC. ANNOUNCES RECORD 1ST QUARTER 1996 REVENUES.ATLANTA--(BUSINESS WIRE)--April 25, 1996--Brock International, Inc.(NASDAQ/NMS - BROC) announces the highest revenues for any first quarter in the Company's history. The first quarter revenues for fiscal 1996 increased 11% to $7,225,000 compared to $6,533,000 for the same period last fiscal year. The net loss for the first quarter decreased 89% to $171,000 compared to a loss of $1,508,000 a year ago. Weighted average shares outstanding for the first quarter increased from 4,900,000 to 5,000,000. Brock brock n. Chiefly British A badger. [Middle English brok, from Old English broc, of Celtic origin.] International, Inc., headquartered in Atlanta Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. , developed the Sales Performance solutions market in 1984 to answer the demanding needs of sales and marketing professionals. Sales Performance solutions encompass integrated sales, marketing and customer support software, industry best practices consulting and advanced, open technology to provide customers with a process for developing quality, customer relationships from initial contact through on-going Adj. 1. on-going - currently happening; "an ongoing economic crisis" ongoing current - occurring in or belonging to the present time; "current events"; "the current topic"; "current negotiations"; "current psychoanalytic theories"; "the ship's current position" support. Brock's global position includes market presence in 26 countries throughout the America's, Europe Europe (y r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). , the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. and Africa. For
more information contact Brock at 800/221-0775 or 770/431-1200 or via
their World Wide Web site at http://www.broc.com. -0-
BROCK INTERNATIONAL, INC.
SELECTED FINANCIAL INFORMATION
(Unaudited)
Quarter Ended
March 31
1996 1995
---- ----
(In Thousands;
except per share data)
Revenues $7,225 $6,533 Operating Earnings (276) (2,523) Earnings Before Income Taxes (265) (2,400) Net Earnings (171) (1,508) Earnings Per Share (.03) (.31)
Weighted Average Shares
Outstanding 5,000 4,900
CONTACT: Brock International, Inc., Atlanta Mike Kohlsdorf, 770/431-1200 mikek@broc.com |
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