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Inter-Tel reports record quarterly revenues and increased income
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Newsletter
Inter-Tel reports record quarterly revenues and increased income
1993
Overview
Inter-Tel Inc. (OTC:INTL) Thursday announced record quarterly revenues for the three months ended June 30, 1993. Revenues for the 1993 second quarter were $22.3 million, an increase of 12 percent over revenues of $20 million for the comparable period of 1992. Revenues for the six month period ended June 30, 1993 were $41 million, compared with $39.4 million for the six months ended June 30, 1992. Net income for the second quarter of 1993 was $838,000, or 10 cents per share, 23 percent higher than 1992 second quarter net income of $680,000, or 8 cents per share. Net income for the six months ended June 30, 1993 increased by 25 percent to $1,497,000, or 18 cents a share, compared with $1,185,000, or 14 cents a share for the comparable period of the prior year. (excerpt)
Publisher
Business Wire
Subject
