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April 15, 1997updated 05 Sep 2016 1:04pm

COMPANY RESULT: SYSTEMS AND COMPUTER TECHNOLOGY CORP

By CBR Staff Writer

Systems & Computer Technology Corp, Malvern, Pennsylvania provider of client-server software, reported second-quarter net income of $4.6m on revenue up 28% to $67.4m, compared to net income of $766,000 for the second quarter of 1996. Earnings per share for the quarter were $0.29, up from $0.05 last time, and $0.06 better than the First Call consensus. For the year-to-date, net income is up 168% at $8.1m, on revenue up 14% at $45.4m. Earnings per share for the past six months are up 160% at $0.55.

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