Printer Friendly

CONCOURSE CORPORATION REPORTS THIRD QUARTER AND NINE MONTH RESULTS

 BLOOMINGTON, Minn., Oct. 13 /PRNewswire/ -- Concourse Corporation, a Bloomington-based training company reported a net loss of $12,965 for the quarter and $63,611 for the nine months ended Sept. 30, 1993, a decrease of $13,192 from the net loss for the third quarter of 1992, and an increase of $5,071 from the first nine months of 1992. Revenues of $147,070 for the quarter, and $513,465 for the nine month period decreased 41.6 percent for the quarter and decreased 29.1 percent for the nine months when compared to the same periods of 1992.
 The net loss improvement and lower revenue during the quarter were the result of lower product sales and lower expenses. The loss and lower revenues during the first nine months were the result of lower product sales during the period.
 CONCOURSE CORPORATION FINANCIAL STATEMENT
 Third Quarter Ended
 9/30/93 9/30/92
 Revenue $147,070 $251,765
 Percent change (41.6)
 Net $(12,965) $(26,157)
 Net/shr $(.01) $(.01)
 Nine Months Ended
 9/30/93 9/30/92
 Revenue $513,465 $724,201
 Percent change (29.1)
 Net $(63,611) $(57,910)
 Net/shr $(.03) $(.03)
 -0- 10/13/93
 /CONTACT: Roland G. Barrett of Concourse, 612-942-9112/


CO: Concourse Corporation ST: Minnesota IN: SU: ERN

DB-DS -- MN008 -- 1796 10/13/93 15:20 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 13, 1993
Words:225
Previous Article:GAMING INDUSTRY VETERAN HARRY WALD NAMED VICE PRESIDENT OF PLANNING; WILL HEAD RE-DEVELOPMENT OF LVEN'S 'EL RANCHO'S COUNTRYLAND U.S.A.'
Next Article:ANALYSTS INTERNATIONAL CORPORATION REPORTS REVENUES AND EARNINGS FOR FIRST QUARTER

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