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IMRS REPORTS REVENUES AND EARNINGS FOR ITS THIRD QUARTER AND THE FIRST NINE MONTHS OF FISCAL 1992

 IMRS REPORTS REVENUES AND EARNINGS FOR ITS THIRD QUARTER
 AND THE FIRST NINE MONTHS OF FISCAL 1992
 STAMFORD, Conn., April 15 /PRNewswire/ -- IMRS Inc. (NASDAQ: IMRS) today reported consolidated revenues of $9,681,000 and net income of $499,000, or 7 cents per share, for its third quarter ended March 31, 1992. Revenues rose 21.4 percent from $7,977,000 for the same period of fiscal 1991. In line with analysts' estimates, net income declined 12.6 percent from $571,000, or 10 cents per share, for the third quarter of fiscal 1991. Revenues were $29,083,000 and net income $1,901,000, or 28 cents per share, for the first nine months of fiscal 1992. Revenues and net income increased 28.8 percent and 31.8 percent respectively from $22,581,000 and $1,442,000, or 25 cents per share, for the first nine months of the prior year.
 The firm established direct operations in France and Germany during the quarter and, as announced April 13, the company has reached agreement with its distributor in the United Kingdom on the acquisition of its U.K. business, effective July 1, 1992.
 IMRS, incorporated in 1981, develops, markets and supports a family of network-based business and financial information software products for corporate applications worldwide. The IMRS product line provides executives and analysts with the capability to manage business information using networked personal computers.
 IMRS Inc. common stock is traded in the NASDAQ National Market system under the symbol IMRS.
 IMRS Inc.
 Earnings Report
 Three Months Ended March 31 1992 1991
 Revenues $9,681,000 $7,977,000
 Net income $499,000 $571,000
 Earnings per share 7 cents 10 cents
 Nine Months Ended March 31 1992 1991
 Revenues $29,083,000 $22,581,000
 Net income $1,901,000 $1,442,000
 Earnings per share 28 cents 25 cents
 -0- 4/15/92
 /CONTACT: Lucy R. Ricciardi of IMRS, 203-321-3500/
 (IMRS) CO: IMRS Inc. ST: Connecticut IN: CPR SU: ERN


SH -- NE021 -- 8871 04/15/92 15:59 EDT
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Publication:PR Newswire
Date:Apr 15, 1992
Words:342
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