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Convergys results a mixed bag

CINCINNATI-Convergys Corp. released mixed financial results, including increased revenues, lowered operating income and flat earnings for the second quarter ended June 30, 2002.

The company reported revenues of $572.7 million, slightly up from the year ago quarter’s $571.2 million. But operating income was down 4 percent to $94.5 million from the year-ago $98.5 million. Net income also decreased 3 percent to $59.1 million and diluted earnings per share were the same at 35 cents.

For the six months ended June 30, 2002, the company reported revenues of $1.2 billion, slightly down from the year-ago period, and an operating income down 3 percent to $193 million. Earnings per share for the six-month period also remained flat as compared to last year’s figures at 69 cents.


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