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Article: NDC Announces 18th Straight Quarter of 25% or Greater Operating Income Growth.
- Article from:
- PR Newswire
- Article date:
- July 21, 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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ATLANTA, July 21 /PRNewswire/ -- National Data Corporation (NYSE: NDC) today announced the continuation of a long-term trend of significant earnings growth for the fiscal year and quarter ended May 31.
Revenue for the year totaled $784.9 million, compared to $649.0 million in the previous year. Cash earnings, as reflected by EBITDA, was $189.7 versus $142.7 million or 24.2% of revenue. Operating income rose to $133.0 million against $94.3 million for the previous period. Net income was $71.4 compared to $49.9 million a year ago.
Diluted EPS from exercisable securities was $2.04 per share versus a comparable figure of last year's $1.48. Potential ...