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Article: Group 1 Records Double-Digit Gains in Revenues, Operating Earnings, Net Income for 1999 Third Quarter, Nine Months Third-Quarter Net Income Up 62% on 49% Revenue Growth; Operating Margin Continues to Increase.
- Article from:
- PR Newswire
- Article date:
- October 27, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association, Inc. 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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Highlights:
-- Q3 diluted EPS up 37 to $0.48 on 17 more shares
-- Nine-month diluted EPS $1.21, a 39 gain on 22 share increase
-- Q3, nine-month operating margins continue to expand
Summary Results of Operations (Unaudited)
(In millions, except per share amounts)
Three Months EndedNine Months Ended
September 30, September 30,
1999 1998 1999 1998
Revenues$701.8$472.1 $1,816.5 $1,157.5
Gross profit$105.1 $71.0 $274.9...