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CSI Computer Specialists Inc. announces third quarter earnings.


ROCKVILLE, Md.--(BUSINESS WIRE)--Nov. 15, 1996--CSI Computer Specialists Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CSISW;CSIS Noun 1. CSIS - Canada's main foreign intelligence agency that gathers and analyzes information to provide security intelligence for the Canadian government
Canadian Security Intelligence Service
) announced Friday its financial results for the quarter ended Sept. 30, 1996.

The company announced pre-tax earnings of $69,000 with net earnings of $42,000 (or 1 cent per share) for the quarter ended Sept. 30, 1996 compared to pre-tax earnings of $213,000 with net earnings of $130,000 (or 4 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
) for the quarter ended Sept. 30, 1995. Sales were $2.6 million for the quarter ended Sept. 30, 1996, compared with sales of $2.0 million for the quarter ended Sept. 30, 1995. -0-
                              Quarter ended     Nine months ended
                               Sept. 30,            Sept. 30,
                            1996       1995      1996        1995
                            ----       ----      ----        ----

Sales (in thousands)       $2,556     $1,980    $8,286      $5,223

Earnings before taxes
 (in thousands)                69        213       374         582

Net income (in thousands)      42        130       230         358

Earnings per share            .01        .04       .06         .13


-0-

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 Computer Specialists Inc. is in the business of providing a wide range of computer hardware services, including installation and de-installation of equipment, computer upgrades, maintenance and repair and sales of parts and equipment.

The company provides its services to agencies of the federal government, state and local governments, hospitals, universities and commercial customers in the Mid-Atlantic region of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

CONTACT: CSI Computer Specialists Inc.

Donald C. Weymer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 301/921-8860
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 15, 1996
Words:225
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