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NDC REPORTS REVENUE AND NET INCOME FOR THE FIRST QUARTER OF FISCAL 1993

NDC REPORTS REVENUE AND NET INCOME FOR THE FIRST QUARTER OF FISCAL 1993
 ATLANTA, Sept. 29 /PRNewswire/ -- National Data Corporation (NASDAQ: NDTA) today announced revenue of $51.6 million and earnings of 10 cents per share for its first quarter ended Aug. 31.
 This compares to revenue of $54.0 million and earnings per share of 16 cents for the same quarter of the prior year, and $54.8 million and 11 cents for the quarter ended May 31 of this year.
 The company has continued to reduce its debt and has shown a significant improvement in cash flow over the comparable period last year.
 Revenue continued to be impacted by the economy as well as the effect of NDC's decision to phase out of the communications services business. The summer months were weaker than normal for retail sales.
 Earnings reflect reduced operational costs, offset by investment in new product development. "This, of course, is an investment in the future," said Robert A. Yellowlees, chairman and chief executive officer. "We are aggressively leveraging our existing product line while adding new value-added products and services."
 The company was recently realigned to focus on three key market segments and increase productivity. Business management groups now concentrate on retail, healthcare, and information services for government and corporations. The company has also consolidated its resources in its four key functional areas: sales, customer support, applications systems development and operations. This brings greater critical mass to these areas, said Yellowlees, and gives the company the ability to deploy resources more efficiently and productively.
 "We are now better positioned to capitalize on the opportunities available to us in the worldwide information services industry," he said.
 National Data Corp. is a leading provider of value-added application systems and information services for the worldwide market.
 NATIONAL DATA CORPORATION
 FIRST QUARTER FISCAL 1993
 REVENUE BY SOURCE
 Quarter ended Aug. 31 1992 1991
 (In thousands) (Unaudited)
 Retail Application Systems and
 Services $29,247 $30,863
 Healthcare Application Systems and
 Services 13,003 10,963
 Information Systems and Services 5,640 6,243
 International Services 1,830 1,943
 Communication Services 1,876 4,019
 Total data processing revenue $51,596 $54,031
 SUMMARY OF OPERATIONS
 Quarter ended Aug. 31 1992 1991
 (In 000's except per share data) (Unaudited)
 Revenue $51,596 $54,031
 Cost of service 31,202 32,254
 Marketing and administration 18,129 17,717
 Total 49,331 49,971
 Operating income 2,265 4,060
 Investment income 722 750
 Interest expense (1,016) (1,551)
 Income before income taxes 1,971 3,259
 Provision for income taxes 828 1,368
 Net income $ 1,143 $ 1,891
 Net income per share of common stock $0.10 $0.16
 -0- 9/29/92 R
 /CONTACT: Jerry W. Braxton of National Data Corp., 404-728-2529/
 (NDTA) CO: National Data Corporation ST: Georgia IN: CPR SU: ERN


BN-EA -- AT009 -- 4594 09/29/92 18:12 EDT
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Date:Sep 29, 1992
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