COSCIENT GROUP INC. NINE-MONTH RESULTS.MONTREAL--(BUSINESS WIRE)--June 29, 1995--COSCIENT GROUP INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (VSE See DOS/VSE. VSE - Virtual Storage Extended , ME: CST CST abbr. 1. Central Standard Time 2. convulsive shock treatment CST Central Standard Time Noun 1. .A) Coscient Group Inc. continues to grow, as shown by its results for the nine months ended April 30, 1995. Sales climbed to $55.86 million, up from $12.75 million for the nine months ended April 30, 1994. Allegro (operating system) Allegro - The code name for the major Mac OS release due in mid-1998. http://devworld.apple.com/mkt/informed/appledirections/mar97/roadmap.html. Films Inc. and S.D.A. Productions Limited, the new subsidiaries acquired in April 1994, contributed to quadrupling quad·ru·ple adj. 1. Consisting of four parts or members. 2. Four times as much in size, strength, number, or amount. 3. Music Having four beats to the measure. n. the Group's sales. The gross profit rose from $2.37 million to $8.49 million, an increase of $6.12 million. Operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. amounted to $842,750, up 42 percent over the corresponding period of the previous year. Total net earnings grew by 20 percent, rising from $443,559 or $0.04 per share for the nine months ended April 30, 1994 to $531,119 or $0.05 per share this year. Current discussions with various broadcasters indicate that contract negotiations for the coming season are right on track. The movie "Screamers" has now been completed at a budget of $16 million. It will be released internationally this fall and next spring in movie theatres. The reorganization of Coscient Group Inc. is nearing completion and should produce its full benefits during the coming fiscal year which begins August 1, 1995. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile , financial results for the year ending July July: see month. 31, 1995 are expected to show satisfactory growth compared with the previous year. Negotiations are also underway with the Caisse Caisse, a French word, may refer to:
COSCIENT GROUP INC.
Consolidated earnings
For the nine-month period ended April 30, 1995
(Unaudited)
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1995 1994
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$ $
Sales 55 858 199 12 747 994
Production costs 47 369 129 10 380 997
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Gross profit 8 489 070 2 366 997
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Administrative costs 6 289 295 1 460 669
Depreciation 785 353 229 765
Interest on long term debt 571 672 82 500
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7 646 320 1 772 934
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Operating income 842 750 594 063
Share in net earnings of a company subject to significant influence 14 467 83 332
Other revenues 162 182 17 266
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Earnings before income taxes and non-controlling interest 1 019 399 694 661
Income taxes 376 697 209 182
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Earnings before non-controlling interest 642 702 485 479
Non-controlling interest 111 583 41 920
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Net earnings 531 119 443 559
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Net earnings per share 0.05 0.04
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Number of shares issued 10 558 097 10 489 979
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CONTACT: Yves Moquin Chairman of the Board 514/284-2525 or Daniel Proulx Vice-President, Finance & Administration 514/284-2525 INDUSTRY KEYWORD: ENTERTAINMENT EARNINGS REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
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