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Article: DRYCLEAN USA, Inc. Reports Third Quarter Results.
- Article from:
- Business Wire
- Article date:
- May 9, 2001
CopyrightCOPYRIGHT 2001 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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Business Editors
MIAMI--(BUSINESS WIRE)--May 9, 2001
DRYCLEAN USA Inc, (AMEX:DCU) today reported operating results for the nine months and third quarter ended March 31, 2001.
Revenues for the nine months ended March 31, 2001 were $14,205,950 compared to $14,310,386 for the same period of last year. However, net income for this period decreased to $425,179 or $.06 per diluted share from $626,059 or $.09 per diluted share. For the third quarter of fiscal 2001, revenues decreased to $4,733,415 from $5,269,964 for the same period of fiscal 2000. Net income decreased to $82,771 or $.01 per diluted share from $278,892 or $.04 per diluted share.
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