First Consulting Group -FCG- Reports Fourth Quarter and Fiscal 2003 Results.
Business Wire › February 19, 2004
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First Consulting Group -FCG- Reports Fourth Quarter and Fiscal 2003 Results.
Business Editors
LONG BEACH, Calif.--(BUSINESS WIRE)--Feb. 19, 2004 First Consulting Group (NASDAQ: FCGI): -- Reports Fourth Quarter Net Revenues $64.8 Million and -- Non-GAAP Fourth Quarter Pretax Profitability of $1.2 Million -- GAAP Loss of $7.0 Million -- Record 38 DSOs, Cash Balance at $63 Million FCG (NASDAQ: FCGI), a leading provider of outsourcing, consulting and systems integration to the health-related industries, today reported financial results for the fourth quarter and fiscal year ended December 26, 2003. Fourth Quarter Performance Revenue before out-of-pocket reimbursements ("net revenue") for the fourth quarter of 2003 was $64.8 million, down 6.0 percent from $68.9 million in the fourth quarter of 2002. FCG reported a net loss on a GAAP basis of $7.0 million, or $0.27 per share, for the fourth quarter of 2003, compared to $1.9 million profit, or $0.08 per share, in the fourth quarter of 2002. Included...See the full content of this document
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