Printer Friendly

NUTRITION MANAGEMENT SERVICES COMPANY REPORTS STRONG GAINS IN REVENUES AND EARNINGS FOR NINE-MONTH PERIOD

 KIMBERTON, Pa., May 11 /PRNewswire/ -- Nutrition Management Services Company (NASDAQ: NMSCA) today reported revenues of $7,474,508 for the nine months ended March 31, 1993, and $2,539,595 for the latest three- month period.
 Nine-month revenues rose 18.5 percent over those achieved in the same period in 1992. Three-month revenues were up 18.9 percent.
 Net income in both the nine months and three months ended March 31, 1993, also increased from similar periods last year. Nine-month net income was $380,515 compared to $302,888 in 1992. Three-month net income rose to $155,855 from $87,097 in the same period last year. Earnings per share for the current three-month period rose to $.05 from $.03 in the same period last year. Nine-month earnings per share were $.12 for the period ending March 31, 1993, compared to $.13 for the same period last year. The small decline in per-share earnings for the nine- month period is due to the dilutive effect of the company's 1 million share public offering in January 1992.
 Founded in 1979, Nutrition Management Services Company specializes in food management services for the healthcare industry. The company's clients include skilled nursing facilities, acute-care hospitals, retirement and lifecare communities and rehabilitation centers.
 /delval/
 -0- 5/11/93
 /CONTACT: Walter B. Dunsmore, CFO of Nutrition Management Services Company, 215-935-2050/
 (NMSC)


CO: Nutrition Management Services Company ST: Pennsylvania IN: SU: ERN

MK-MP -- PH021 -- 7169 05/11/93 15:11 EDT
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:May 11, 1993
Words:244
Previous Article:ALOETTE COSMETICS, INC. REPORTS FIRST QUARTER RESULTS
Next Article:VINTAGE PETROLEUM DECLARES CASH DIVIDEND
Topics:


Related Articles
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS YEAR END DATA; REVENUE JUMPS 32.7 PERCENT
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUES AND INCOME FOR LATEST SIX-MONTH PERIOD
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUE AND INCOME FOR THE YEAR
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUE AND INCOME FOR THE YEAR
NUTRITION MANAGEMENT SERVICES COMPANY POSTS STRONG GAINS IN REVENUE AND INCOME FOR THE QUARTER
UNITED HEALTHCARE REPORTS RECORD THIRD QUARTER; STRONG GROWTH CONTINUES: NET EARNINGS UP 47 PERCENT, ENROLLMENT UP 19 PERCENT
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS FISCAL THIRD QUARTER RESULTS
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS EARNINGS FOR THE YEAR ENDED JUNE 30, 1995 AND THE QUARTER ENDED SEPTEMBER 30, 1995
NUTRITION MANAGEMENT SERVICES COMPANY REPORTS 20% INCREASE IN QUARTERLY EARNINGS
Nutrition Management Services Company Reports Increase in Net Income and Earnings Per Share For The Quarter and Nine Months Ended March 31, 1997

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