Policy Management Systems Inc saw first quarter net profit down 59.1% at $5.6m, after a charge of $17,000 in 1994, compared with a gain of $2.9m in 1993 on sale of securities, on turnover down 2.7% to $115.9m. Net per share fell 56.9% to $0.25.
Policy Management Systems Inc saw first quarter net profit down 59.1% at $5.6m, after a charge of $17,000 in 1994, compared with a gain of $2.9m in 1993 on sale of securities, on turnover down 2.7% to $115.9m. Net per share fell 56.9% to $0.25.