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01/05/2017
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CSI Reports Growth in Third Quarter Revenues and Net Income
CSI REPORTS GROWTH IN THIRD QUARTER REVENUES AND NET INCOME
Net Income Up 34.4% to $8.3 Million
PADUCAH, Ky. (January 5, 2017) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported higher revenues and net income for the third quarter and nine months ended November 30, 2016, compared with the third quarter of the prior fiscal year.
CSI’s revenues grew 11.9% to $60.5 million for the third quarter of fiscal 2017 compared with $54.1 million for the third quarter of fiscal 2016. Net income increased by 34.4% to $8.3 million for the third quarter of fiscal 2017 compared with $6.2 million in the third quarter of fiscal 2016. Net income per share increased by 34.1% to $0.59 for the third quarter of fiscal 2017 compared with $0.44 for the prior year’s third quarter....
