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GILBERT ASSOCIATES REPORTS EARNINGS, DECLARES DIVIDEND

 GILBERT ASSOCIATES REPORTS EARNINGS, DECLARES DIVIDEND
 READING, Pa., April 24 /PRNewswire/ -- Gilbert Associates, Inc.


(NASDAQ: GILBA) reported today the following results of operations for the quarter ended April 3, 1992, and the comparison to the corresponding period of the previous year:
 Quarter ended April 3, 1992 March 29, 1991
 Consolidated revenues $76,525,000 $64,571,000
 Consolidated income before
 income taxes 3,381,000 3,374,000
 Consolidated net income 2,054,000 2,328,000
 Consolidated net income per share $.27 $.30
 Average number of shares
 outstanding 7,696,583 7,783,938
 The board of directors of Gilbert Associates, Inc., at its meeting held today, declared a regular quarterly dividend of $.18 per share on both the Class "A" and Class "B" common stock of the company, payable June 10, 1992, to the shareholders of record at the close of business May 15.
 /delval/
 -0- 4/24/92
 /CONTACT: James R. Itin of Gilbert Associates, 215-775-5900/
 (GILB) CO: Gilbert Associates, Inc. ST: Pennsylvania IN: SU: ERN DIV


CC-MK -- PH020 -- 2396 04/24/92 11:22 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:179
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