Brock Control Systems Inc. announces fourth quarter results.ATLANTA--(BUSINESS WIRE)--Jan. 31, 1995--Brock Control Systems Inc. (NASDAQ/NMS:BROC) announces revenues for the fourth quarter of fiscal 1994 decreased 5% to $8,715,000 compared to $9,182,000 for the same period last fiscal year. Net earnings for the fourth quarter decreased 97% to $56,000 compared to $1,612,000 a year ago. Fiscal 1994 fourth quarter earnings per share were $.01 compared to $.34 for the same period last year. For fiscal 1994, revenues increased 21% to $30,697,000 compared to $25,465,000 for the same period last fiscal year. Net earnings for fiscal 1994 decreased 81% to $545,000 compared to $2,858,000 a year ago. Earnings per share for fiscal 1994 decreased 83% to $.11 compared to $.66 in fiscal 1993. Weighted average shares outstanding increased 14% from 4,339,000 to 4,960,000. Brock brock n. Chiefly British A badger. [Middle English brok, from Old English broc, of Celtic origin.] has licensed its products to more than 1,000 clients with 30,000 users worldwide. The company, celebrating its 10 year anniversary in 1995, is a solutions integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. and develops, markets and supports an integrated family of sales performance software products, offering "closed loop" information management for sales, marketing, customer service and consumer affairs in more than 15 countries using eight different languages. 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. , Brock has a network of distributors located in Australia Australia (ôstrāl`yə), smallest continent, between the Indian and Pacific oceans. With the island state of Tasmania to the south, the continent makes up the Commonwealth of Australia, a federal parliamentary state (2005 est. pop. , Belgium Belgium (bĕl`jəm), Du. België, Fr. La Belgique, officially Kingdom of Belgium, constitutional kingdom (2005 est. pop. 10,364,000), 11,781 sq mi (30,513 sq km), NW Europe. , Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of , England England, the largest and most populous portion of the United Kingdom of Great Britain and Northern Ireland (1991 pop. 46,382,050), 50,334 sq mi (130,365 sq km). It is bounded by Wales and the Irish Sea on the west and Scotland on the north. , France, Germany, Italy, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Spain and Sweden. -0-
Brock Control Systems Inc.
Selected Financial Information
(Unaudited)
Quarter ended 12 months ended
Dec. 31, Dec. 31,
1994 1993 1994 1993
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(In thousands; except per share data)
Revenues $8,715 $9,182 $30,697 $25,465 Operating Earnings (63) 2,410 391 4,171 Earnings before income taxes 15 2,485 737 4,407 Net Earnings 56 1,612 545 2,858 Earnings Per Share .01 .34 .11 .66 Weighted Average Shares Outstanding 4,900 4,797 4,960 4,339 CONTACT: Brock Control Systems Inc. Mike Kohlsdorf, 404/431-1763 |
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