CACI ANNOUNCES FY1992 SECOND QUARTER EARNINGS UP 199 PERCENT
ARLINGTON, Va., Jan. 22 /PRNewswire/ -- CACI International (NASDAQ: CACI) has announced today that its second quarter earnings had risen 199 percent above last year to $1,026,422 from $343,855. Earnings per share in second quarter FY92 was 10 cents, up 233 percent from the 3 cents per share in FY91 second quarter. Revenue for the quarter was $35,791,848, a 3 percent increase over the $34,784,296 achieved in last year's second quarter.
Revenue for the first half of FY92 was $69,010,607, compared to $70,426,503 for the first half of FY91. Net income for the first half of FY92 grew 97 percent to $2,011,477, from the $1,021,184 earned in the first half of FY91. Earnings per share for the first half were 19 cents compared to 9 cents, a year ago, a 111 percent increase.
CACI Chairman and CEO Jack London said, "Our New Era program is now beginning to take hold as evidenced by our increased earnings during the quarter. These increases were achieved in spite of the continuing effects of the recession on our business in the U.K."
CACI, in its 29th year, is an international information systems and high technology services corporation. CACI is a world leader in computer-based information technology systems, custom software, integration and operations, imaging and documents management, simulation, and proprietary database and software products. CACI provides worldwide services in support of national defense agencies, civil government and commercial enterprises.
CACI offices are located in major cities in North America and Western Europe. Corporate headquarters are in the metropolitan Washington D.C. area.
Periods ended Quarter YTD
Dec. 31; 1991 1990 1991 1990
Revenue $35,791,848 $34,784,296 $69,010,607 $70,426,503
Net earnings 1,026,422 343,855 2,011,477 1,021,184
Net earnings per
share .10 .03 .19 .09
/CONTACT: John H. Baker of CACI, 703-841-7800, or John DeNigris Associates, 516-671-7300, for CACI/
(CACI) CO: CACI International ST: Virginia IN: SU: ERN SH-FC -- NY013 -- 2101 01/22/92 09:10 EST