DecisionOne Reports Earnings Estimates.FRAZER, Pa.--(BUSINESS WIRE)--July 16, 1997--DecisionOne Holdings Corp.'s (Nasdaq: DOCI) fiscal year ended June June: see month. 30, 1997. While the results of the quarter ended June 30, 1997 are not yet available, the Company currently estimates that it recorded revenues of approximately $213.2 million during the fourth quarter, and realized during such quarter earnings before interest and income taxes of approximately $22.7 million and net income of approximately $11.2 million. Based upon an estimated weighted average number of shares outstanding during the quarter ended June 30, 1997 of approximately 30,266,000 shares, net income per share for the fourth quarter is currently estimated to be approximately $0.37. The Company currently estimates that revenues for the full fiscal year ended June 30, 1997 will be approximately $785.9 million, and that it will realize earnings before interest and income taxes of approximately $67.8 million and net income of approximately $31.1 million. Based upon an estimated weighted average number of shares outstanding during the fiscal year ended June 30, 1997 of approximately 30,110,000 shares, net income per share for fiscal year ended June 30, 1997 is currently estimated to be $1.03. Results of operations for the fiscal year ended June 30, 1997 include the impact of certain special charges recorded during the second quarter of fiscal 1997, as previously disclosed. The above information is preliminary, and is subject in all respects to completion of various internal analyses and procedures necessary to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... the Company's financial statements, and to completion of the audit of the Company's financial statements for the fiscal year ended June30, 1997. This press release contains, in addition to historical information, forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. Such statements are based on management's current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that may cause such a difference include, but are not limited to, those described under "Risk Factors" in the Company's Registration Statement on Form S-4 under the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , Registration No. 333-28265. CONTACT: DecisionOne Corporation Inv. Relations: Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs J.Fitzpatrick Fitzpatrick may refer to several different people or places or things: People
(610) 296-6200 Press: 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 A. Wohl, Sr. (610) 296-6081 bill.wohl@decisionone.com Morgen-Walke Associates Inv. Relations: Betsy Brod/Karen Kruza Press: Stan STAN Stanchion STAN Stärke- und Ausrüstungsnachweis (German) Stan Standard Man (human patient simulator) STAN SEMCIP Technical Assistance Network STAN System Trace Audit Number STAN Star Trek Area Network Froelich (212) 850-5600 |
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