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GRC INTERNATIONAL, INC. REPORTS EARNINGS FOR THE FIRST QUARTER ENDED SEPT. 30, 1992

 GRC INTERNATIONAL, INC. REPORTS EARNINGS
 FOR THE FIRST QUARTER ENDED SEPT. 30, 1992
 VIENNA, Va., Oct. 29 /PRNewswire/ -- GRC International Inc. (NYSE: GRH) today announced earnings for the first quarter ended Sept. 30, 1992.
 For the first quarter of fiscal year 1993, the company reported net income of $1,204,000, or $.13 per share, on revenues of $31,044,000. Comparable results for the first quarter of the previous year were net income of $834,000, or $.09 per share, on revenues of $25,589,000.
 GRC International President and Chief Executive Officer, Jim Roth, said, "We have now reported positive earnings for the last six quarters. Our first quarter earnings are about what we anticipated and significantly ahead of last year. As long as our backlog remains strong, we should continue to make strides in improving our revenue and earnings levels for 1993."
 GRC International, headquartered in Vienna, Va., is a nationally recognized provider of military, civil, and commercial innovative, high quality technical and professional services to U.S. government agencies and large aerospace corporations. Software and instrumented materials testing equipment are produced and marketed primarily to the private sector. GRC International, Inc. is listed on the New York and Pacific Stock Exchanges under the symbol GRH.
 GRC INTERNATIONAL
 Quarter ended
 Sept. 30 1992 1991
 Revenues 31,044,000 25,589,000
 Net income 1,204,000 834,000
 Net income per
 common share .13 .09
 Weighted avg. no.
 of common shares
 outstanding 8,884,000 8,869,000
 -0- 10/29/92
 /CONTACT: Philip R. Pietras, treasurer and chief financial officer of GRC, 703-506-5060/
 (GRH) CO: GRC International, Inc. ST: Virginia IN: SU: ERN


LR-AH -- NY020 -- 6449 10/29/92 09:45 EST
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Publication:PR Newswire
Date:Oct 29, 1992
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