Printer Friendly

GRC INTERNATIONAL, INC. REPORTS EARNINGS FOR THE SECOND QUARTER ENDED DEC. 31, 1992

 VIENNA, Va., Jan. 26 /PRNewswire/ -- GRC International, Inc. (NYSE, PSE: GRH), today announced earnings for the second quarter ended Dec. 31, 1992.
 For the second quarter of fiscal year 1993, the company reported net income of $1,550,000, or $.17 per share, on revenues of $31,257,000. Comparable results for the second quarter of the previous year were net income of $1,136,000, or $.13 per share, on revenues of $25,736,000.
 Year-to-date, the company reported net income of $2,754,000, or $.30 per share, on revenues of $62,301,000. Comparable results for the same period of the previous year were net income of $1,970,000, or $.22 per share, on revenues of $51,325,000.
 GRC International President and Chief Executive Officer Jim Roth said, "This represents the seventh consecutive quarter for which we have reported positive earnings. Our focus on growition into commercial and international markets."
 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, INC.
 Quarter ended Dec. 31 1992 1991
 Revenues $31,257,000 $25,736,000
 Net income $ 1,550,000 $ 1,136,000
 Net income per common share $.17 $.13
 Weighted average number of
 common shares outstanding 8,910,000 8,861,000
 Six months ended Dec. 31 1992 1991
 Revenues $62,301,000 $51,325,000
 Net income $ 2,754,000 $ 1,970,000
 Net income per common share $.30 $.22
 Weighted average number of
 common shares outstanding 8,897,000 8,869,000
 -0- 1/26/93
 /CONTACT: Philip R. Pietras, treasurer and chief financial officer of GRC International, 703-506-5060/
 (GRH)


CO: GRC International, Inc. ST: Virginia IN: ARO SU: ERN

GK-OS -- NY025 -- 8986 01/26/93 10:10 EST
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:Jan 26, 1993
Words:342
Previous Article:IBM SENIOR VICE PRESIDENT FRANK A. METZ JR. TO RETIRE; PAUL J. RIZZO, JACK D. KUEHLER ELECTED VICE CHAIRMEN
Next Article:WASTE MANAGEMENT INTERNATIONAL PLC ACQUIRES SOLID WASTE BUSINESS FROM NFC PLC AND PURCHASES ADDITIONAL SHAREHOLDING IN WESSEX WATER PLC
Topics:


Related Articles
GRC INTERNATIONAL REPORTS EARNINGS FOR THE FIRST QUARTER ENDED SEPT. 30, 1991
GRC INTERNATIONAL REPORTS EARNINGS FOR THE SECOND QUARTER ENDED DEC. 31, 1991 AND MANAGEMENT CHANGES
GRC INTERNATIONAL REPORTS EARNINGS FOR THE THIRD QUARTER ENDED MARCH 31, 1992
GRC INTERNATIONAL REPORTS EARNINGS FOR THE QUARTER AND YEAR ENDED JUNE 30, 1992
QUESTECH REPORTS 1992 SECOND QUARTER RESULTS
GRC INTERNATIONAL, INC. REPORTS EARNINGS FOR THE FIRST QUARTER ENDED SEPT. 30, 1992
DBA SYSTEMS REPORTS SECOND QUARTER RESULTS
GRC INTERNATIONAL, INC. REPORTS EARNINGS FOR THE THIRD QUARTER ENDED MARCH 31, 1993
GRC INTERNATIONAL, INC. REPORTS EARNINGS FOR THE QUARTER AND YEAR ENDED JUNE 30, 1993
GRC INTERNATIONAL SAYS IT EXPECTS TO REPORT EARNINGS OF APPROXIMATELY $.10 PER SHARE FOR THE SECOND QUARTER ENDING DECEMBER 31, 1994

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters