Printer Friendly

NUCLEAR SUPPORT SERVICES, INC. REPORTS FIRST QUARTER RESULTS

 NUCLEAR SUPPORT SERVICES, INC. REPORTS FIRST QUARTER RESULTS
 CAMPBELLTOWN, Pa., Jan. 29 /PRNewswire/ -- Nuclear Support Services, Inc. (NASDAQ: NSSI) reported a net loss of $133,175 or $0.06 per share on revenues of $17,274,179 for the first fiscal quarter ended Dec. 31, 1991, compared to a net loss of $168,702 or $0.08 per share on revenues of $16,262,805 for the previous year's comparable quarter.
 Joe C. Quick, chairman, president and chief executive officer stated, "The company is anticipating this Spring's utility outage season to be one of the busiest in its history. While we are not pleased to report a loss in the first quarter of fiscal year 1992, the results are in line with the seasonal nature of our business and conditions in the markets served by the company during the quarter."
 NSSI is a leading company providing support and maintenance to the nuclear power, fossil fuel and processing industries.
 NUCLEAR SUPPORT SERVICES, INC.
 Consolidated Statement of Income
 (Unaudited)
 Three months ended Dec. 31 1991 1990
 Revenues $17,274,179 $16,262,805
 Income from operations 6,047 55,444
 Other expense (227,222) (336,146)
 Loss before tax benefit (221,175) (280,702)
 Income tax benefit (88,000) (112,000)
 Net loss (133,175) (168,702)
 Loss per share $(0.06) $(0.08)
 Weighted average shares of common
 stock outstanding 2,167,220 2,217,220
 /delval/
 -0- 1/29/92
 /CONTACT: Joe C. Quick, chairman, president and CEO of Nuclear Support Services, 717-838-8125/
 (NSSI) CO: Nuclear Support Services, Inc. ST: Pennsylvania IN: SU: ERN


JS -- PH028 -- 4845 01/29/92 15:23 EST
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:Jan 29, 1992
Words:273
Previous Article:KEYSTONE HERITAGE GROUP REPORTS EARNINGS, DECLARES CASH DIVIDEND
Next Article:CHECK EXPRESS NAMED TOP FIVE FRANCHISOR


Related Articles
NUCLEAR SUPPORT SERVICES REPORTS SUCCESSFUL FOURTH QUARTER, YEAR END
NUCLEAR SUPPORT SERVICES REPORTS RECENT DEVELOPMENTS
NUCLEAR SUPPORT SERVICES REPORTS SECOND QUARTER, SIX MONTHS RESULTS
NUCLEAR SUPPORT SERVICES REPORTS THIRD QUARTER, NINE MONTHS RESULTS
NUCLEAR SUPPORT SERVICES REPORTS FOURTH QUARTER, YEAR END
NUCLEAR SUPPORT SERVICES, INC. REPORTS FIRST QUARTER RESULTS
LIBERTY TECHNOLOGIES, INC. REPORTS 1993 SECOND QUARTER AND FIRST-HALF FINANCIAL RESULTS
NSSI REPORTS IMPROVED FIRST QUARTER RESULTS
LIBERTY TECHNOLOGIES, INC. REPORTS 1994 FIRST QUARTER FINANCIAL RESULTS
NSSI REPORTS BREAK-EVEN SECOND QUARTER DESPITE SEVERE WEATHER EFFECTS ON INDUSTRIES SERVICED

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