Concord EFS reports first quarter 1997 earnings per share up 63%.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--April 21, 1997--Concord EFS EFS Encrypted File System (Microsoft Windows 2000) EFS Event Free Survival (survival rates in clinical trials) EFS Evangeliska Fosterlandsstiftelsen (Sweden) , Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CEFT CEFT Czech Educational Foundation of Texas CEFT Competitive Evaluation Field Test CEFT Certified Electronic Funds Transfer ) reported today earnings per share of $0.13, up 63% from the prior year. Other first quarter results include revenues of $47,044,808, up 39%; and net income of $7,932,854, up 70%. The digested performance is: -0-
Quarter Ended Quarter Ended
March 31, 1997 March 31, 1996
Revenues $47,044,808 $33,894,762
Operating Income 10,075,558 6,626,640
Net Income 7,932,854 4,659,628
Earnings Per Share $0.13 $0.08
CONTACT: Concord EFS, Inc., Memphis Edward A. Labry, III, 901/371-8000 |
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