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Article: FCB REPORTS SECOND QUARTER RESULTS
- Article from:
- PR Newswire
- Article date:
- August 11, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FCB REPORTS SECOND QUARTER RESULTS
CHICAGO, Aug. 11 /PRNewswire/ -- Foote, Cone & Belding
Communications, Inc. (NYSE: FCB) today reported net income and revenue increases for both the quarter and first six months of 1992. Second quarter net income reached a record level for the company.
Net income for the second quarter totaled $7,624,000 or $.71 per share in 1992, up 13.7 percent compared to $6,704,000 or $.64 per share in 1991. Second quarter operating margin as a percent of revenue increased from 7.3 percent in 1991 to 7.8 percent in 1992. Net income for the first half of 1992 increased 14.5 percent to $8,861,000 or $.82 per share ...