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. . -0-
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 -0- 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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