Business information compiler infoUSA Inc., based in Omaha, NE, reported Net income of $5.7 million for the quarter ended June 30, a large decline from $15.4 million for the same period in 1998.
The company reported net sales of $57.6 million for the quarter down from $62.1 million for the same period in 1998.
Net income for the first six months of 1999 was $12 million a drop from $14.3 million for the same period in 1998. Included in the results of operations during the first six months of 1998 were non-recurring gains related to certain investment transactions totaling $14.5 million and acquisition-related and restructuring charges of $8.9 million.
Net sales for the first six months were $113.1 million, a decrease from $117.5 million for the first half of1998.
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