Printer Friendly

NATIONAL DATACOMPUTER, INC. REPORTS $84,926 PROFIT FOR THIRD QUARTER

NATIONAL DATACOMPUTER, INC. REPORTS $84,926 PROFIT FOR THIRD QUARTER
 BILLERICA, Mass., Oct. 30 /PRNewswire/ -- Gerald S. Eilberg, chief financial officer of National Datacomputer, Inc. (NASDAQ: NDIC) today announced the results of its third quarter ended Sept. 30, 1992.
 Eilberg reported that revenues for the quarter were $1,069,749, up 49 percent from the $719,673 for the same quarter in 1991.
 Net profit for the quarter was $84,926, as compared to a net loss of $200,416 for the same period in 1991.
 The nine-month figures for 1992 were $2,719,063 in revenues with a net loss of $73,304 as compared to $2,597,179 in revenues and a net loss of $132,731 for the same period in 1991.
 Eilberg commented that "the company had also maintained its objective to better the previous quarter with revenues up 16 percent and net profit up 27 times over the second quarter. We are especially pleased with the performance in the third quarter because anyone familiar with NDIC's history knows that the third quarter has always been slow. In fact, this is the first time the company has ever made a profit in a third quarter," he said.
 Norman Mackinnon, president of NDIC, remarked that "our performance is beginning to reflect the results of our focused marketing strategy, product development program, and the building of our sales organization. The future looks bright."
 National Datacomputer, Inc. designs, manufactures, markets and services rugged, programmable handheld computers, data collection devices and peripherals. NDIC is also a leading developer of software solutions, such as its Route Service System, for people who need the power of a PC in the field rather than at their desk. The company's shares are traded over-the-counter.
 -0- 10/30/92
 /CONTACT: Gerald S. Eilberg, chief financial officer of National Datacomputer, 508-663-7677/
 (NDIC) CO: National Datacomputer, Inc. ST: Massachusetts IN: CPR SU: ERN


CN -- NE014 -- 7235 10/30/92 15:28 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 30, 1992
Words:325
Previous Article:MESA AIRLINES NAMES ADDITIONAL CORPORATE MANAGEMENT
Next Article:PEOPLES ENERGY CORP. ANNOUNCES FISCAL YEAR RESULTS
Topics:


Related Articles
NATIONAL DATACOMPUTER, INC. REPORTS LOSS FOR THIRD QUARTER
NATIONAL DATACOMPUTER, INC. REPORTS LOSS FOR FIRST QUARTER
NATIONAL DATACOMPUTER, INC. REPORTS SMALL PROFIT FOR SECOND QUARTER
NATIONAL DATACOMPUTER, INC. REPORTS
NATIONAL DATACOMPUTER, INC. REPORTS $136,987 PROFIT FOR 1993 CHANGE IN AN ACCOUNTING PRINCIPLE ADDS ANOTHER $2,985,065 TO NET INCOME
NATIONAL DATACOMPUTER, INC. REPORTS $198,948 PROFIT IN FIRST QUARTER
NATIONAL DATACOMPUTER, INC. REPORTS THIRD QUARTER PROFIT OF $309,252, GREATEST IN HISTORY OF COMPANY
NATIONAL DATACOMPUTER, INC. ANNOUNCES SECOND QUARTER RESULTS
National Datacomputer, Inc. Announces Third Quarter Results
National Datacomputer, Inc. Announces First Quarter Results

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters