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Article: Carey International Announces Record Results; Posts 108% Gain in Net Income on 45% Increase in Third Quarter Revenues
- Article from:
- PR Newswire
- Article date:
- September 24, 1997
CopyrightCOPYRIGHT 1997 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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WASHINGTON, Sept. 24 /PRNewswire/ -- Carey International, Inc. (Nasdaq: CARY) today announced record revenues and profits for the three months ended August 31, 1997.
Third quarter net income reached a record level of $996,000, a 108% increase compared with net income of $478,000 in the third quarter of fiscal 1996. After adjusting for the May 1997 initial public offering and its corresponding recapitalization, third quarter net income totaled $966,000, or $0.14 per share, versus $734,000, or $0.11 per share last year. Operating income for the period was up 71% to $1.7 million from $986,000 in the 1996 period. Third quarter fiscal 1997 revenues rose 45% to ...
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Article: Carey International Announces Record Fourth Quarter ...
PR Newswire;
January 19, 1999 ;
700+ words
...- Quarterly Net Income Increases 63 ... PRNewswire/ -- Carey International, Inc. (Nasdaq ... Fourth quarter net income increased 63 ... to adjusted net income of $5.2 million ... Chairman and CEO of Carey International, said, "We ...
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