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Article: NATIONAL DATA CORPORATION REPORTS SHARP INCREASES IN EARNINGS AND REVENUE
- Article from:
- PR Newswire
- Article date:
- September 21, 1994
CopyrightCOPYRIGHT 1994 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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ATLANTA, Sept. 21 /PRNewswire/ -- National Data Corporation (NYSE: NDC) today announced significant increases in first quarter earnings and revenue.
Earnings for the first quarter increased by 46 percent to $3.1 million and $.23 per share. This compares to $2.1 million and $.16 a share for the same quarter last year(a).
Revenue increased by 10.4 percent to $56 million compared to $50.7 million the first quarter last year.
"This 46 percent earnings increase, following a 31 percent growth last year, is the result of the hard work and commitment of our employees," said Robert A. Yellowlees, chairman and chief executive officer. "We are particularly pleased with ...