|
|
Article: PHYSICIAN SALES & SERVICE, INC. REPORTS RECORD SALES AND EARNINGS AND THIRD QUARTER RESULTS.
- Article from:
- Business Wire
- Article date:
- January 24, 1996
CopyrightCOPYRIGHT 1996 Business Wire. 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)
|
JACKSONVILLE, Florida--(BUSINESS WIRE)--January 24, 1996-- Physician Sales & Service, Inc. (Nasdaq:PSSI) reported record quarterly sales and earnings excluding merger costs and expenses for the third quarter and nine months of fiscal 1996.
For the three months ended December 31, 1995, consolidated sales increased 36.9% to $126.3 million compared to $92.2 million for the same period in fiscal 1995. After recording Taylor Medical merger costs and expenses of $3.5 million, net income was $1.0 million compared to $1.0 million for the same period in fiscal 1995. Excluding merger costs and expenses, net income increased approximately 194.9% to $3.1 million. After ...