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Infodata Posts Higher Quarterly Earnings; More Headlines...
LCC International says it earned $1.3 million (5 cents per share) on revenue of $52.6 million for the three months ended June 30. The McLean, Va., wireless communications consulting firm lost $4 million on revenue of $18.2 million (19 cents per share) for the second quarter of 2003. [LCC International]
Vision Chain, a District-based data management software company, says it raised $3 million from Novak Biddle Venture Partners in Bethesda, Md. The funds will go toward sales and marketing efforts as well as product development. [Vision Chain]
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Lanham, Md.-based Integral Systems says it earned $1.4 million (14 cents per share) on revenue of $22.6 million for its third fiscal quarter. The firm, which sells satellite systems, reported net income of $172,000 (2 cents per share) on revenue of $19.3 million for the same period last year. [Integral Systems]
Reston, Va.-based Comscore Networks says it acquired Q2 Brand Intelligence for an undisclosed price. Q2 offers survey research and consulting services from offices in Seattle and Boston. [Comscore Networks]
XO Communications says it raised $200 million in a private placement of stock. The Reston, Va., telecommunications services provider says firms affiliated with its chairman, Carl Icahn, purchased $190 million of the preferred stock. [XO Communications]
Anteon International says Zannie Smith, a retired U.S. Army major General, will oversee its Army and Defense programs. The IT and systems integration firm is based in Fairfax, Va. [Anteon International]
SAIC says it acquired Trios Associates, a Lanham, Md., company that develops surveillance and communication systems for federal agencies. Financial terms of the agreement were not disclosed. [SAIC]