Correctional Services Corporation Announces Financial Results for Fourth Quarter 2004.
Business Wire › March 29, 2005
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Correctional Services Corporation Announces Financial Results for Fourth Quarter 2004.
SARASOTA, Fla. -- Correctional Services Corporation (NASDAQ:CSCQ) today announced financial results for the fourth quarter and year-end 2004. Revenues for the fourth quarter were $34.1 million versus $29.9 million in the comparative period in 2003. For the 2004 quarter, the Company reported contribution from operations of $4.8 million and a net loss of $578,000 or $0.06 per diluted share. For the fourth quarter of 2003, the Company reported contribution from operations of $1.9 million and net income of $77,000 or $0.01 per diluted share. Diluted shares were 10,167,000 and 10,236,000 in the fourth quarter 2004 and 2003, respectively.
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