Income, Revenues Jump at Snyder

Share this content:
Snyder Communications, Bethesda, MD, this week reported soaring income and revenues for the second-quarter 1998.


Net income rose 75 percent to $15.3 million for the quarter ended June 30, from $8.6 million for the same quarter last year. Revenues climbed 30 percent to a record $168 million compared to $129 million for the same period last year. The company's second quarter and six months results are presented on a pro-forma basis to reflect the pooling of interest transactions the company completed in 1997 and 1998.


"The record revenues and earnings reported by Snyder Communications during the second quarter evidence the validity of the business model we have pursued," said CEO Daniel Snyder. "Our principal objective continues to consist of expanding and enhancing the scope and quality of services that we provide to our blue-chip client base."


The company, which has been on a continually ambitious acquisition pace, will continue to look for more strategic acquisitions in the coming months, Snyder said.

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences and drive measurable results. PAN services clients out of the firm's four offices: Boston, San Francisco, New York City and Orlando.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above