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Data Dimensions reports 1995 third quarter and nine month results.


BELLEVUE Bellevue (bĕl`vy).

1 City (1990 pop. 30,982), Sarpy co., E Nebr., a suburb of Omaha, on the Missouri River; inc. 1855.
, Wash.--(BUSINESS WIRE)--Nov. 1, 1995--Data Dimensions, Inc. announced revenue and earnings for the third quarter and first nine months of 1995.

During the third quarter of 1995, Data Dimensions, Inc. increased revenue by 79% due to an increase in demand for the company's Millennium millennium [Lat.,=1,000 years], the period of 1,000 years in which, according to some schools of Christian eschatology, Christ will reign again gloriously on earth. Belief in the millennium, based on Rev. 20, has recurred in Christianity since the earliest times.  Services. This resulted in the company reporting a third quarter 1995 net income of $56,000 or $0.01 per share on revenue of $1,524,000, compared to a third quarter 1994 net income of $9,800 or $0.00 per share on revenue of $850,700.

For the first nine months of 1995, the company reported a net income of $188,000 or $0.03 per share on revenues of $3,912,000, compared to the first nine months of 1994 net income of $81,300 or $0.01 per share on revenues of $2,414,000.

Data Dimensions, Inc., is a publicly held corporation headquartered in Bellevue. The company provides consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 for software development and Millennium Update projects for the year 2000. Data Dimensions stock (DDIM DDIM Dry Deposition Inferential Method
DDIM Device Driver Initialization Model
) is traded in the Over-The-Counter market over-the-counter market

Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict.
.

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                         DATA DIMENSIONS, INC.
                  CONDENSED STATEMENTS OF OPERATIONS
                              (Unaudited)


                   Three Month Period       Nine Month Period
                     Ended Sept. 30,          Ended Sept. 30,
                   1995         1994         1995         1994


REVENUE            $1,524,000   $850,700     $3,912,000   $2,414,000


DIRECT COSTS          860,000    453,200      2,256,000    1,295,100
 Gross Profit         664,000    397,500      1,656,000    1,118,900


GENERAL ADMINISTRATIVE AND
 SELLING EXPENSES     558,000    351,400      1,310,000      925,700
 Income from
  operations          106,000     46,100        346,000      193,200


INTEREST EXPENSE       50,000     36,300        158,000      111,900


NET INCOME            $56,000     $9,800       $188,000      $81,300


NET INCOME PER SHARE    $0.01      $0.00          $0.03        $0.01


WEIGHTED AVERAGE NUMBER OF
 SHARES OUTSTANDING  7,464,000  6,515,000      7,424,000    6,515,000


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CONTACT: Data Dimensions, Inc.

William William, crown prince of Germany
William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack
 H. Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances. , 206/688-1000
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 1, 1995
Words:328
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