Printer Friendly

ACQUISITION CAPABILITY REPORTS EARNINGS

 ACQUISITION CAPABILITY REPORTS EARNINGS
 NEW YORK, May 20 /PRNewswire/ -- On May 15, 1992, Acquisition


Capability, Inc. ("ACI"), filed with the Securities and Exchange Commission its quarterly report for the nine months ended March 31, 1992. During this period total revenues were reported at $5,826,202, as compared to $2,914,168 for the same period last year, with net earnings per shares for the nine month period of $0.03, as compared to $0.02 for last year. As at March 31, 1992, the company's total assets reached $4,082,671, as compared to $2,336,732 at June 30, 1991, the last fiscal year-end. The following is selected financial information about ACI as reported in its quarterly report on Form 10-Q:
 ACQUISITION CAPABILITY, INC.
 Balance Sheet Data
 Periods ended Nine months Year
 3/31/92 6/30/91
 Total current assets $3,899,637 $2,165,760
 Total assets 4,082,671 2,336,732
 Total current liabilities 2,706,722 1,064,176
 Deferred liabilities 42,655 55,130
 Total liabilities 2,749,377 1,119,306
 Accumulated earnings 199,575 83,705
 Total stockholder's equity 1,333,295 1,217,427
 Operating Statement Data
 Periods ended Nine months Year
 3/31/92 3/31/91 6/30/91
 Revenue from operation $5,826,202 $2,914,168 $4,460,466
 Cost of revenue 5,128,754 2,488,892 3,788,693
 Gross profit 697,449 425,276 671,773
 S,G&A expenses 566,500 324,752 570,618
 Income from operations 130,949 100,524 101,155
 Net income 115,870 94,381 92,409
 Earning/common share 0.03 0.02 0.02
 For further information please contact Amos Aharoni, financial executive, at 212-563-1036.
 -0- 5/20/92
 /CONTACT: Amos Aharoni, financial executive of Acquisition Capability, 212-563-1036/ CO: Acquisition Capability, Inc. ST: New York IN: SU: ERN


OS -- NY004 -- 2185 05/20/92 09:00 EDT
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:May 20, 1992
Words:323
Previous Article:JAGUAR ANNOUNCES HI-TECH TWO STROKE ENGINE; PROGRAM TO BE DEVELOPED BY ORBITAL
Next Article:RUSSIAN GOVERNMENT ANNOUNCES 'RED SQUARE INVITES' CULTURAL FESTIVAL


Related Articles
ACQUISITION CAPABILITY REPORTS EARNINGS
BISYS REPORTS CONTINUED GROWTH; REVENUES, OPERATING RESULTS, EPS GROWTH GREATER THAN 20 PERCENT
GE'S SECOND-QUARTER EPS FROM CONTINUING OPERATIONS UP 12% TO A RECORD $1.02; OPERATING MARGIN REACHES RECORD LEVEL OF 15.8%
EMERSON REPORTS 38TH CONSECUTIVE YEAR OF INCREASED EARNINGS AND EARNINGS PER SHARE
BANTA SURPASSES ONE BILLION DOLLARS IN SALES
DCR Releases Credit Analysis Report on Disney
Dames & Moore Group Reports First Quarter Results in Line with Published Estimates
Westower Fiscal 2nd-Quarter Revenue Rises 167%, Earnings Up 56%.
Dames & Moore Group Reports Second Quarter Results.
Jefferson-Pilot Reports Record Earnings For 1998.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters