Corporate Profile for ABR Information Services Inc., dated Dec. 18, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Dec. 18, 1998
Company Name: ABR Information Services, Inc.
Address: 34125 U.S. Highway 19 North
Palm Harbor, FL 34684-2141
Main Telephone
Number: 727/785-2819
Internet Home
Page Address
(URL): www.abr.com
Chief Executive
Officer: James E. MacDougald
Chief Financial
Officer: James P. O'Drobinak
Investor Relations
Contact: James P. O'Drobinak
Business number: 727/785-2819
Public Relations
Contact: Patrick Manders
Business number: 727/785-2819
Trading Symbol/
Exchange: ABRX - Nasdaq
Industry: Benefits Administration Services
Market Makers: Raymond James, Robert W. Baird & Co. Inc.,
Pauli & Co., and Saloman Smith Barney
Company description: ABR (1) (AutoBaud Rate detect) The analysis of the first characters of a message to determine its transmission speed and number of start and stop bits. (2) (Available Bit R Information Services See Information Systems. Inc. provides comprehensive benefits administration, payroll and human resource services to employers seeking to outsource functions such as COBRA, HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, , payroll and tax deposit, Flexible Spending Accounts flexible spending account, n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are , Qualified Plans and other services. ABR provides services to employers of all types ranging in size from 20 to 200,000 employees. ABR provides portability (COBRA and HIPAA) services through the trade name CobraServ(tm) and payroll and tax deposit services through the trade name PayAmerica(tm). The company employs approximately 1,400 people in marketing/service centers located in Florida, New Jersey, Virginia, Maryland, California, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , Wisconsin, Pennsylvania, Arizona and Colorado. For the year ended July 31, 1998, revenues increased 48.9% to $74.6 million, as compared to revenues of $50.1 million for the prior fiscal year. 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. increased 52.1% to $18.4 million for fiscal year 1998, as compared to $12.1 million for the prior fiscal year. For fiscal year 1998, excluding acquired research and development costs, net income per share was $.63 (diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. ), as compared to $.44 (diluted) for the prior fiscal year. In 1998, Fortune magazine recognized ABR as one of "America's 100 Fastest-Growing Companies." |
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