USPS profit, revenue fall short

Article Abstract:

The profits and revenues of the US Postal Service (USPS) fell short of the organization's first quarter fiscal 2000 plan because of negative publicity about its sweepstakes promotions and the increased use of the Internet as a marketing medium. The USPS' revenues were $306 million short of the plan's target while its profits had a $140 million shortfall. A cost-cutting plan is being seriously considered by the agency to meet its target.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Postal Services, Postal service

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RMH stock doubles, then slips with receivables news

Article Abstract:

Call center operator RMH Teleservices Inc of Bryn Mawr, PA, has reported profits of $1.6 million, or 19 cents per diluted share, on revenues of $80.32 million in the FY ended Sep 30, 1999. The company had profits of $504,000 on revenues of $52.3 million in the year-ago period. The company has recently announced the formation of an Internet joint venture and an unusualy large volume of receivables in the 4th qtr 1999.

Telephone Call Centers, Telephone Marketing Services, Telemarketing, RMH Teleservices Inc.

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Gateway sees 30% gain in 4Q earnings

Article Abstract:

Computer manufacturer Gateway Inc of Sioux City, SD, has posted profits of $346.6 million, or $2.18 per share, on revenues of $7.47 billon in 1998. The company reported profits of $109.8 million, or 70 cents per share, on revenues of $6.29 billion in 1997. Gateway attributed that double digit growth in profits and earnings to its shift toward retail sales to offset the slow growth in its traditional direct marketing channels.

Computers, Electronic Computer Manufacturing, Gateway Inc.

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