CACI International Inc., an Arlington-based professional services company, said its earnings increased 8 percent for the year ended June 30 and 11 percent in the fiscal fourth quarter.
The company reported fiscal 1990 earnings of $4 million (35 cents a share), compared with fiscal 1989 profit of $3.7 million (31 cents). Revenue rose 1.3 percent for the year, to $148 million from $146.1 million.CACI said it earned $1.27 million (11 cents) in the fiscal fourth quarter, compared with a profit of $1.14 million (10 cents) in the same period a year earlier. Revenue increased 9 percent for the year, to $39.1 million from $35.97 million.
The company provides analytical computer software, information systems, engineering support systems and market analysis to government and commercial clients.
QuesTech Inc., a Falls Church-based defense contractor that specializes in electronic warfare and signal intelligence, said two cost-cutting measures -- the layoff of about 200 employees and a change in its employee benefit program -- helped it reverse a loss in the first half and boost second-quarter profit.
The company recorded a first-half profit of $143,200 (9 cents), compared with a 1989 first-half loss of $715,800. Its revenue fell 2 percent in the half, to $25.6 million from $26.1 million.
QuesTech earned $84,600 (5 cents) in the second quarter, up 367 percent from 1989 second-quarter revenue of $18,100 (1 cent). Revenue fell 7 percent in the quarter, to $12.7 million from $13.7 million.
The company said it was winning more contracts and its staff cuts and benefit plan changes made those contracts, particularly those on a time-and-materials basis, more profitable.Corp., a Greenbelt-based computer services company, said higher software sales by its 80 percent-owned Group 1 Software Inc. affiliate helped boost its own profit 28 percent in the fiscal first quarter ended June 30.
Comnet said it earned $462,000 (15 cents) in the quarter, compared with a profit of $361,000 (13 cents) in the same period a year ago. Its revenue increased 4 percent, to $5.7 million from $5.5 million.
The company said another subsidiary that provides software to nursing homes and dependent-care facilities signed sales agreements with three new clients during the quarter and has a growing backlog.
Its AIM Division, which provides computer services to direct-mail marketers, had lower-than-expected revenue, it said.
Sage Software Inc. of Rockville said its earnings rose 34 percent in the fiscal first quarter ended June 30 on the strength of sales of software used to develop personal-computer information systems.
The company earned $201,000 (3 cents), compared with a profit of $150,000 (2 cents) in the fiscal 1989 first quarter. License fees from its PC-based Desktop Development software tools rose 87 percent during the quarter and now represent 70 percent of its business, Sage said.
Oncor Inc., a Gaithersburg-based biotechnology company, said sales increases for new DNA-based systems for diagnostic testing helped narrow its losses in the second quarter and first six months.
The company said it lost $299,045 in the second quarter, compared with a $488,495 loss in the year-earlier second quarter. Revenue increased 49.5 percent, to $928,968 from $621,487 in the 1989 second quarter.
In the first six months, Oncor lost $775,327, compared with a loss of $854,506 in the 1989 first half. Revenue rose 20 percent in the half, to $1.6 million from $1.3 million.
JHM Mortgage Securities L.P., a publicly traded partnership dealing in mortgage-related assets, reported second-quarter earnings of $1.7 million (34 cents per unit), compared with $1.5 million (30 cents) in the 1989 second quarter.
For the first half, McLean-based JHM earned $2.16 million (43 cents), compared with $2.19 million (44 cents) for the same period a year ago. The 1990 first-half results included a one-time charge of $926,000, or 19 cents per unit, due to a new accounting method.