Consulier Engineering reports quarterly earnings.

This page is about the Tequesta Native American tribe. See Tequesta, Florida for information on the city.

The Tequesta (also Tekesta, Tegesta, Chequesta, Vizcaynos , Fla.--(BUSINESS WIRE)--May 14, 1996--Consulier Engineering 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 :CSLR CSLR Center for Spoken Language Research (University of Colorado at Boulder)
CSLR Center for the Study of Law and Religion (Emory University School of Law; Atlanta, Georgia) ) of Tequesta reported net income for the three month period ended March 31, 1996 of $267,000, or $.11 per common share, compared to net income of $170,000 or $.06 per common share, for the three month period in 1995.

Quarterly pretax income pretax income

Reported income before the deduction of income taxes. Pretax income is sometimes considered a better measure of a firm's performance than aftertax income because taxes in one period may be influenced by activities in earlier periods. from the company's Southeast Automotive auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):

Air filter
Automobile self starter
Bell housing
Brakes
Bucket seat
Bumper
Buzzer
Battery

distribution business increased $32,000 or 32% as Southeast experienced both record sales of $773,000 and record income of $123,000 for the quarter compared to $556,000 and $100,000 respectively for the three months ended in March 1995. Management expects Southeast operating results to continue strong through the balance of the year.

Consolidated con·sol·i·date
v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates

v.tr.
1. To unite into one system or whole; combine: General, Administrative and Sales expenses decreased 11.8% in the first quarter from $301,000 to $265,700. Consolidated Research and Development expense also decreased $42,200 or 48.2% to $45,300.

Financial information is summarized as follows: -0-

                                       Three Months Ended
                                March 31, 1996    March 31, 1995

Net revenues                      $  797,644        $  578,298
Gross profit                      $  274,966        $  245,117
Operating loss                    $  (36,050)       $ (143,609)
General & administrative expense  $  265,700        $  301,100
Research & development expense    $   45,300        $   87,500
Investment income                 $  377,797        $  380,861
Net income                        $  266,586        $  169,728
Average number of
 common and common
 equivalent shares
 outstanding                       2,516,203         2,675,631
Earnings per
 common share                       $    .11         $     .06

CONTACT: Consulier Engineering Inc., Tequesta

Ralph Butler, 407/745-9149

407/746-3042 (fax)

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Publication:	Business Wire
Date:	May 14, 1996
Words:	244
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