BUSINESS
By Jay Hancock and Jay Hancock,SUN STAFF | October 17, 1996
Sluggish spending for environmental cleanups continues to hurt EA Engineering, Science and Technology, the company said yesterday, causing a $580,000 yearly loss and a $529,000 quarterly loss for periods ending Aug. 31.EA has been stunned by government shutdowns, which cut the flow and authorization of federal environmental dollars, and by legislative delays that have diminished enforcement of environmental regulations, the company said. All EA's work is environment-related, from assessments to permitting to restoration.
BUSINESS
By Mark Ribbing and Mark Ribbing,SUN STAFF | February 5, 2000
EA Engineering, Science and Technology Inc. said yesterday that it has found "accounting irregularities" on its books and will have to restate and lower its past earnings by at least $1.4 million, or 14 cents per share. The Hunt Valley-based environmental and safety consulting firm said it was still investigating the misstatements and has notified officials of the Nasdaq stock market, where EA's shares trade. EA revealed little about the problem yesterday, saying only that the company had overstated its revenue and will comment further when its investigation is completed.
BUSINESS
By Kris Henry and Kris Henry,SUN STAFF | July 14, 1998
A little more than a year after an extensive restructuring, EA Engineering, Science and Technology Inc. reported yesterday its fourth straight quarter of profitability.The Hunt Valley environmental and safety consulting company's net income for the third quarter, which ended May 31, was $312,500, or 5 cents per diluted share, compared with a loss of $3.4 million, or 56 cents per share, in the same quarter last year."The key to their success is that in March of 1997 they went through a restructuring process and brought in new management, led by [president and chief executive]
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | July 15, 2000
EA Engineering, Science and Technology Inc., a Hunt Valley environmental and safety consulting company, reported a sharp decline in third-quarter earnings yesterday and a slight drop in net revenue. For the three months that ended May 31, EA posted net income of $37,900, down 85.6 percent from a profit of $263,000 reported for the comparable period last year. On a per-share basis, the company earned 1 cent in the quarter, down from 4 cents a year earlier. Revenue in the quarter was $9,038,700, down 1.16 percent from $9,145,400 in the comparable period last year.
BUSINESS
By Gus G. Sentementes and Gus G. Sentementes,SUN STAFF | November 18, 2000
EA Engineering, Science and Technology Inc., a Hunt Valley-based environmental consulting company, reported its first annual profit in five years yesterday despite a loss in the final quarter. The company posted a profit of $227,200 for fiscal 2000, compared with a net loss of $1.5 million in 1999. On a per-share basis, it made 4 cents, compared with a loss of 23 cents a year earlier. Revenue was $60.9 million, up 25 percent from $48.7 million in fiscal 1999. EA blamed increased operating costs for the hit it took in its fiscal fourth quarter, which ended Aug. 31, posting a loss of $96,500, or 2 cents a share, compared with a profit of $278,400, or 4 cents a share, reported for the comparable period last year.
SPORTS
By Gary Lambrecht and Gary Lambrecht,SUN STAFF | November 3, 2001
COLLEGE PARK - The sights looked familiar at Cole Field House last night. Guard Juan Dixon's shot was deadly. Point guard Steve Blake broke down the opposing defense repeatedly and found the open man. Center Lonny Baxter was his old, burly self in the paint. Forward Chris Wilcox rattled the rim with a handful of dunks. And after disposing of the EA Sports All-Stars, 98-80, in its exhibition opener before an announced crowd of 10,612, Maryland must deal with the unfamiliar. On Thursday, the Terps, ranked in the top three in numerous preseason polls and intent on returning to the Final Four, will open their real season at the earliest date in school history by facing Arizona in the Coaches vs. Cancer Classic at Madison Square Garden in New York.