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Article: 63 PERCENT INCREASE IN SECOND QUARTER EARNINGS ANNOUNCED BY NATIONAL DATA CORPORATION
- Article from:
- PR Newswire
- Article date:
- December 19, 1995
CopyrightCOPYRIGHT 1995 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, Dec. 19 /PRNewswire/ -- National Data Corporation (NYSE: NDC) today announced a 63 percent increase in second quarter earnings.
Earnings for the quarter, ending November 30, were $5.73 million and $.24 a share. This compares to $3.51 million and $.17 a share for the same quarter last year. Revenue increased to $65.5 million compared to $59.8 million for the second quarter last year.
For the six month period, earnings increased over the comparable period last year by 62 percent. This follows full year earnings increases of 38 and 31 percent in fiscal 1995 and 1994 respectively.
Cash flow from operations was $22 million for the six month period ...