WARWICK, R.I. — Network Six, Inc. reported contract revenue earned for the quarter
ending March 31, 2001 of $2,946,953, up 3 percent or $90,915 from $2,856,038 for
the same period a year ago. Net income for the period was $216,969, or $0.16 per
share, up 8 percent, or $16,585, from the same period a year ago when it reported
net income of $200,384 or $0.15 per share. Kenneth C. Kirsch, president and chief
executive officer said he was pleased with the increases in revenues and net income
for the quarter.
“More importantly, we have made significant progress re-focusing the company back to its core business of providing high quality information technology services to state governments and remain cautiously optimistic about several future opportunities,” he said. “Despite weakness in the overall economy, states are continuing to spend money improving their information systems.”
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