Thursday, April 24, 2008

Epiq is Rolling



I posted earlier about Epiq Systems acquisition of PinPoint Global. Now it seems that they had a 25% increase in revenue in the first quarter of this year.
"Epiq Systems, Inc. (NASDAQ: EPIQ: 16.65, +0.39, +2.39%) today announced results of operations for the first quarter of 2008. Operating revenue (total revenue before operating revenue from reimbursed direct costs) of $43.9 million increased 25% compared to $35.1 million for the same period last year."
"Net income for the first quarter of 2008 was $2.7 million or $0.07 per share compared to net income of $0.2 million or $0.00 per share for the year ago quarter."
Full article is here.

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