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Article: Centex Telemanagement reports first profitable quarter, billings gain of 121 percent.
- Article from:
- PR Newswire
- Article date:
- February 4, 1988
CopyrightCOPYRIGHT 1988 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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CENTEX TELEMANAGEMENT REPORTS FIRST PROFITABLE QUARTER,
BILLINGS GAIN OF 121 PERCENTLE QUARTER,
SAN FRANCISCO, Feb. 4 /PRNewswire/ -- Centex Telemanagement Inc. (NASDAQ-NMS: CNTX) today announced its first profitable quarter of operations and 121 percent growth in billings for the quarter ended Dec. 31, 1987.
Billings to clients for the quarter ended Dec. 31, 1987, were $10,890,000, up 121 percent from billings of $4,937,000 for the same quarter in 1986. Net income for the fourth quarter in 1987 was $54,000, or 1 cent per share, compared with a net loss of $755,000, or 12 cents per share, for the same quarter in 1986.
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