Dataguard announces second quarter financial results.LOUISVILLE Louisville (l  `ēvĭl), city (1990 pop. 269,063), seat of Jefferson co., NW Ky., at the Falls of the Ohio; inc. 1780. , Ky.--(BUSINESS WIRE)--Nov. 16, 1995--Dataguard Recovery
Services, Inc. announced its financial results for the third quarter
ended Sept. 30, 1995.These results also include the operations for its European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. subsidiary, Twinsys, a leading provider of computer disaster backup services in France which was acquired on Feb. 3, 1995. The Company reported revenues of $2,463,350 and $6,691,634 and net income of $222,047 and $523,670 for the three and nine month periods ended Sept. 30, 1995. This compares to revenues of $1,164,438 and $3,338,203 and net income of $2,333 and a net loss of $(86,252) for the same periods last year. The increase in revenue and net income is attributable almost entirely to Twinsys. Net income from Twinsys' operations completely offset the net loss for the period from the Company's North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. . Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a W. Smith, President of Dataguard, noted that "Twinsys has had excellent results in protecting and improving revenue from existing customers as well as improving its debt structure. It has provided a positive impact on the Company's financial results at even a swifter pace than we originally anticipated when we acquired it in February February: see month. . We remain confident of the growth potential in Europe's much larger backup market for Bull computer users." Dataguard is a Louisville, Ky. based company which markets disaster recovery services to users of large-scale large-scale adj. 1. Large in scope or extent. 2. Drawn or made large to show detail. large-scale Adjective 1. wide-ranging or extensive 2. computers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Europe. The Company's stock trades 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-
Dataguard Recovery Services, Inc.
Summary of Operations (Unaudited)
Three months ended
September 30,
1995 1994
Revenues $2,463,350 $1,164,438
Net income 222,047 2,333
Income per share $.04 $ --
Nine months ended
September 30,
1995 1994
Revenues $6,691,634 $3,338,203
Net income (loss) 523,670 (86,252)
Income (loss) per share $.10 $(.02)
CONTACT: Dataguard Recovery Services, Inc., Louisville Richard W. Smith or Dewey D. Minton, Jr., 502/426-3434 |
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