Chicago-based auto claims software maker Group Inc. reported net income of $6.2 million, or 22 cents per share, for the first quarter of 2004, compared to net income of $6 million, or 22 cents per share, for the same quarter in 2003.
Revenue for the first quarter increased 3.9 percent to $49.6 million, compared to $47.7 million for the same quarter in 2003. Operating income was $10.0 million for the first quarter, compared to operating income of $9.8 million for the same quarter in 2003. The first quarter operating margin was 20.2 percent, compared to 20.5 percent for the same quarter in 2003.
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