The Industry's Leading Source For F&I, Sales And Technology

Top News

Reynolds & Reynolds Report a 27% Increase from Last Year in Earnings Per Share

July 25, 2001

DAYTON, Ohio - The Reynolds & Reynolds Company reported on July 25 a net income of 33 cents per share, or $24.7 million, for the second quarter, according to a statement released by the company. Earnings per share were at high end of analysts' estimates and 27 percent ahead of last year's 26 cents per share from continuing operations. Revenues of $242.2 million for the quarter were up 3% over the prior year.

"We're executing our strategy to deliver a very powerful suite of operational and customer relationship management offereings that we've developed and acquired over the past two years. Our customers want highly integrated systems and we plan to continue to deliver them," said Reynolds & Reynolds President and CEO Lloyd "Buzz" Waterhouse. The company provides services to the automotive retailing marketplace including consulting services, customer relationship management solutions, and leasing services.

According to Waterhouse, Reynolds & Reynolds' success can be attibuted to a strong business model and customer loyalty.

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email: