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Article: Valassis Communications Posts Record Quarter With 36% EPS Growth.
- Article from:
- PR Newswire
- Article date:
- April 20, 1999
CopyrightCOPYRIGHT 1999 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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LIVONIA, Mich., April 20 /PRNewswire/ -- For the first quarter ended March 31, 1999, Valassis Communications, Inc. (NYSE: VCI) reported a 35.9% increase in EPS and 8.0% revenue growth versus the year-ago quarter. This increase was due primarily to the continued strength of its free-standing insert (FSI) and Valassis Impact Promotions (VIP) businesses.
First Quarter 1999 Highlights
-- Posted record quarterly revenues and earnings
-- Elected Internet marketing expert, Seth Goldstein, to board of
directors
-- Generated revenue from the newly-developed Customer Relationship
Marketing group