Printer Friendly

NUTRITION MANAGEMENT SERVICES COMPANY REPORTS YEAR END DATA; REVENUE JUMPS 32.7 PERCENT

 NUTRITION MANAGEMENT SERVICES COMPANY REPORTS YEAR END DATA;
 REVENUE JUMPS 32.7 PERCENT
 KIMBERTON, Pa., Oct. 26 /PRNewswire/ -- Nutrition Management Services Company (NASDAQ: NMSCA) today announced revenues of $8,656,326 for the 12-month period ended June 30, 1992, up 32.7 percent over the recorded $6,522,870 for the like period a year ago.
 Net income for the 12-month period totaled $457,813, compared to $466,333 for the 12-month period a year ago. This slight decline in net income is due primarily to increased general and administrative costs associated with new operations personnel hired to support new accounts. Earnings per share were $0.17 for the 12-month period, compared to $0.20 for the same period last year. The decline in per-share earnings is due to the average shares outstanding, which increased to 2,632,233 shares from 2,281,000 shares a year ago.
 Founded in 1979, Nutrition Management Services Company specializes in food management services for the healthcare industry. The company's clients include skilled nursing homes, acute-care hospitals, retirement communities and rehabilitation centers.
 -0- 10/26/92
 /CONTACT: Walter Dunsmore, chief financial officer of Nutrition Management Services Company, 215-935-2050/
 (NMSCA) CO: Nutrition Management Services Company ST: Pennsylvania IN: HEA SU: ERN


CK-OS -- NY058 -- 4751 10/26/92 11:53 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 26, 1992
Words:215
Previous Article:STANFORD TELECOM POST SECOND QUARTER FISCAL YEAR 1992 RESULTS
Next Article:FISHER SCIENTIFIC INTERNATIONAL ANNOUNCES QUARTERLY EARNINGS
Topics:


Related Articles
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUES AND INCOME FOR LATEST SIX-MONTH PERIOD
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS STRONG GAINS IN REVENUES AND EARNINGS FOR NINE-MONTH PERIOD
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUE AND INCOME FOR THE YEAR
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUE AND INCOME FOR THE YEAR
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUE AND INCOME FOR THE QUARTER
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS FISCAL THIRD QUARTER RESULTS
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS EARNINGS FOR THE YEAR ENDED JUNE 30, 1995
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS EARNINGS FOR THE YEAR ENDED JUNE 30, 1995 AND THE QUARTER ENDED SEPTEMBER 30, 1995
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS 20% INCREASE IN QUARTERLY EARNINGS
Nutrition Management Services Company Reports Fiscal 1996 Results

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