Printer Friendly

LOGICON REPORTS FIRST QUARTER RESULTS

 LOGICON REPORTS FIRST QUARTER RESULTS
 LOS ANGELES, July 28 /PRNewswire/ -- Logicon Inc. (NYSE: LGN)


today announced net income of $3,524,000 or 45 cents per share for the first quarter ended June 30, compared with $3,030,000 or 40 cents per share in the corresponding period of fiscal 1992. Revenues for the first quarter were $74,297,000, compared with $72,041,000 in the first quarter of the prior fiscal year. Results reflect the two-for- one stock split which occurred in December 1991.
 Logicon is a leader in providing advanced technology systems and services to support national security, civil and industrial needs.
 LOGICON INC.
 Financial Summary
 Three Months Ended June 30,(a)
 1992 1991
 Revenues $74,297,000 $72,041,000
 Income before taxes on income 5,695,000 4,947,000
 Net income 3,524,000 3,030,000
 Earnings per share $.45 $.40
 Average shares outstanding 7,762,000 7,571,000
 (a) Unaudited
 -0- 7/28/92
 /CONTACT: John Tuffy or Derek Sullivan of Logicon, 310-373-0220, ext. 260/
 (LGN) CO: Logicon Inc. ST: California IN: ARO SU: ERN


JB-JL -- LA013 -- 3869 07/28/92 09:01 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 28, 1992
Words:193
Previous Article:FARRAGUT MORTGAGE CO., INC. SECOND QUARTER OPERATING RESULTS
Next Article:RIVA PETROLEUM MAKES ANNOUNCEMENT REGARDING PICO ANTICLINE WELL
Topics:


Related Articles
LOGICON REPORTS THIRD QUARTER, NINE MONTH RESULTS
LOGICON REPORTS FISCAL 1992 RESULTS
AIR FORCE AWARDS CONTRACT TO LOGICON FOR MISSION PLANNING SOFTWARE
LOGICON REPORTS FIRST QUARTER RESULTS
LOGICON ANNOUNCES QUARTERLY CASH DIVIDEND
LOGICON REPORTS GAINS IN SECOND QUARTER, SIX MONTH RESULTS
LOGICON REPORTS GAINS IN SECOND QUARTER, SIX MONTH RESULTS
Logicon Awarded Contract Under National Health Institutes ECS II Program
Logicon FDC Achieves HP Openview Gold-Certified Reseller Status.
Compaq Again Chosen to Revitalize State of Texas Technology Needs.

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