NEW YORK, Sept. 26 /PRNewswire-FirstCall/ -- Temco Service Industries, Inc. (Pink Sheets: TMCO), an International Facility Services Company, today announced revenues and net income for the three and nine months ended June 30, 2008 as follows:
Three Months Ended June 30, --------------------------- 2008 2007 ---- ---- Revenues $90,639,770 $81,026,794 ----------- ----------- Income before income taxes 1,283,961 716,803 Provision for income taxes 708,576 253,218 ------- ------- Net income $575,385 $463,585 ======== ========== Net income per share common stock: Basic $1.03 $0.83 ===== ===== Average number of shares outstanding: Basic 558,513 558,284 ======= ======= Nine Months Ended June 30, -------------------------- 2008 2007 ---- ---- Revenues $268,649,009 $247,513,160 ------------ ------------ Income before income taxes 1,587,792 493,602 Provision for income taxes 734,123 319,429 ------- ------- Net income $853,669 $174,173 ======== ======== Net income per share common stock: Basic $1.53 $0.31 ===== ===== Average number of shares outstanding: Basic 558,513 558,284 ======= ======= NOTE
The financial information reported is subject to adjustments resulting from year-end audit. Results of operations are not necessarily indicative of the results for the full fiscal year.
About Temco Service Industries, Inc.
Temco is a major international provider of facility support services to corporate, commercial, manufacturing and educational facilities in the United States, Belgium, The Netherlands, Luxembourg and the United Kingdom. With revenues in excess of $350 million and more than 10,000 employees, Temco provides cleaning, grounds care, labor sourcing solutions, technical support and security services to more than a thousand clients each day. Temco Service Industries, Inc., the parent company, is headquartered in New York City, while the European operations are headquartered in Brussels, Belgium.
