Firm misses earnings goal by a penny...
Firm misses earnings goal by a penny a share
A quarterly earnings report from Costa Mesa-based Resources
Connection Inc. missed analysts’ expectations by a penny per share.
The professional services firm said last week that it earned 12
cents per share, compared to the 13 cents Wall Street was looking
for.
The company said its continued investment in growth initiatives
continues to put pressure on earnings.
The company reported earnings for its fiscal third quarter, the
three months ending Feb. 28.
Total revenues were somewhat higher, but net income was flat when
compared to the same quarter of 2002.
Resources Connection also said revenue was down from
second-quarter levels because of the holidays.
Excluding the holiday weeks, the company averaged a 4% increase
for weekly average revenue, the company said.
Shares of RECN, which trade on Nasdaq, closed Friday at $21.40, up
7.92% on the day.
DNA fingerprinting will be offered
J. Foster Weems, DDS Inc., will host a DNA LifePrint Safety
Program from 10 a.m. to 2 p.m. Saturday at his office at 1617
Westcliff Drive, Suite 201, in Newport Beach.
DNA fingerprinting involves taking saliva samples from children to
be used instead of fingerprints.
Law enforcement officials believe having a DNA sample ready to go
could help in an investigation.
Information: (949) 642-7998.
Airport opens all levels of parking garage
John Wayne Airport opened all levels of the B1 southwest parking
garage to the public on Tuesday.
That garage was closed in November as part of the seismic
remediation of the northwest and southwest parking structures. That
construction began in May after the Board of Supervisors approved the
$2.9-million construction project.
All access roads into the airport are also open.
For more information, call (949) 252-5200. One can also visit the
airport’s Web site at www.ocair.com.
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