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Ecology & Environment Reports Third-Quarter Revenues

Date: June 12, 2003

Source: News Room

Net revenues for Ecology and Environment, Inc. (Amex: EEI) for the third quarter of fiscal year 2003 were $24.4 million, up 33% from the $18.3 million reported in the third quarter of fiscal year 2002. Net income for the quarter was $588,000 or $.14 per share, up 47% from the $400,000 or $.10 per share reported in the prior year. Company officials said their contracts in Saudi Arabia and Kuwait together with increases in net revenues from various commercial and U.S. Department of Defense clients accounted for the majority of the increase.
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