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Article: APAC Customer Services Announces Third Quarter 2009 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 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)
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* 3Q revenue increases 15.4%
* 3Q gross margin rises to 20.7%
* 3Q net income grows to $0.12 per diluted share
* Ends 3Q with $16.2 million in cash and no outstanding borrowings
BANNOCKBURN, Ill. -- APAC Customer Services, Inc. (Nasdaq: APAC), a leader in global outsourced services and solutions, today reported financial results for its third fiscal quarter ended September 27, 2009.
Revenue for the 2009 third quarter rose 15.4% to $68.4 million from $59.2 million in the 2008 third quarter. Gross profit for the 2009 third quarter was $14.2 million, or 20.7%, compared to $10.1 million, or 17.0%, in the prior year period. The ...