Concepts Direct announces results.LONGMONT Longmont, city (1990 pop. 51,555), Boulder co., N Colo.; inc. 1885. It is a trade and processing center for a rich farm area irrigated by the Colorado–Big Thompson project. Vitamins, primary metal products, and manufacturing equipment are produced. , Colo.--(BUSINESS WIRE)--Feb. 21, 1996--Concepts Direct 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 :CDIR CDIR Cumulative Damage Index Right Engine CDIR Chemical Demilitarization and Installation Restoration CDIR Channel Distribution Information at the Receiver ) announced today its results for the fourth quarter of 1995 and fiscal year ended Dec. 31, 1995. For the fourth quarter ended Dec. 31, 1995, sales were $16,249,000, a 96% increase from sales of $8,296,000 for the same period in 1994. The company had net income of $574,000, or 26 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. , during the fourth quarter of 1995, compared to net income of $805,000, or 37 cents per share, for the same period of 1994. Sales for the year ended Dec. 31, 1995, were $42,147,000, a 103% increase from sales of $20,724,000 for the same period in 1994. The company reported net income of $843,000, or 38 cents per share, for 1995 compared to net income of $1,490,000 or 69 cents per share for 1994. Phillip Phillip is a variant of the name Philip. It may refer to: Given name:
Concepts Direct sells a diverse line of personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. paper products and various merchandise (including gift items, home decorative items and apparel), directly to consumers primarily through mail order catalogs. The company sells its merchandise under several trade names, primarily "Colorful Images." Headquartered in Longmont, the company houses all of its operations in Longmont and sells its products primarily in 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. . -0-
Concepts Direct
Financial Highlights
Three Months Ended 12 Months Ended
12/31/95 12/31/94 12/31/95 12/31/94
Net sales $16,249,000 $ 8,296,000 $42,147,000 $20,724,000 Income from operations 437,000 776,000 638,000 1,403,000 Income before income taxes 524,000 805,000 937,000 1,490,000 Income tax provision (credit) (50,000) 0 94,000 0 Net income $ 574,000 $ 805,000 $ 843,000 $ 1,490,000 Net income per common share $ 0.26 $ 0.37 $ 0.38 $ 0.69 CONTACT: Concepts Direct Inc., Longmont H. Franklin Marcus Marcus, in the Bible: see Mark, Saint. Jr., 303/772-9171 |
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