NEW YORK, May 30, 2002 (PRIMEZONE) -- Epiq Systems' OPS(TM) (Operational-cashflow Per Share) turned positive for its fourth quarter. Additionally, its trailing 12 months OPS hit a record $.92 per share. StockDiagnostics.com has upgraded Epiq Systems, Inc., (Nasdaq:EPIQ) to an OPS Rating(TM) of "1." An OPS Rating of "1" is the highest that a company can receive. OPS Ratings on more than 7,500 companies can be found at: http://www.stockdiagnostics.com
Epiq Systems' OPS Rating increase was justified by its recently filed Cash Flow Statements for its first quarter ended March 31, 2002. Its computed OPS (Operational-cashflow Per Share) for the quarter was $.09 per share as compared to ($.09) per share for the quarter ended March 31, 2001. To view Epiq System's quarterly OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/4qtrs/73/20173.htm
Epiq Systems' OPS (Operational-cashflow Per Share) for its most recent 12 months ended March 31, 2002 was $.92 per share as compared with $.20 per share for the 12 months ended March 31, 2001. Epiq Systems' OPS for its most recent 12 months was the highest recorded for any 12 month period ended on March 31. To view Epiq System's "5 year history-trailing 12 month" OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/5yrs/73/20173.htm
What is OPS?
OPS(TM) stands for "Operational-cashflow Per Share". It is derived from the line item "Cash Flow from Operations" which appears in a company's quarterly and annual Cash Flow Statements filed with the Securities & Exchange Commission. "OPS" is calculated by dividing a company's Cash Flow from Operations by the total number of shares outstanding. StockDiagnostics.com created "OPS" (Operational-cashflow Per Share) as a metric that can be used to assess the real values of a company as opposed to artificial values for EPS and EBITDA or CFPS, which may be produced by creative accounting. Cash Flow from Operations is a company's financial lifeblood and a sudden decrease in it can drain this lifeblood, causing an increase in debt, share dilution, share price erosion, and in the more extreme cases, bankruptcy. For more information on OPS (Operational-cashflow Per Share) go to: http://www.stockdiagnostics.com/member/ops.htm
How are OPS Ratings determined?
OPS Ratings were discovered from StockDiagnostics.com's in-depth research on Operational Cash Flow. These studies revealed that a company's OPS (Operational- cashflow Per Share) logically falls into a mathematical sequence that ranks it into one of eight distinctive risk categories. Ratings are scaled 1 through 8, with number one (1), being the highest rating and number eight (8), the lowest. A "Ratings Suspended" status is given for all companies diagnosed with The EPS Syndrome (TM) during the most recent four quarters. For more information on OPS Ratings go to: http://www.stockdiagnostics.com/member/ops_rating.htm
For information on The EPS Syndrome go to: http://www.stockdiagnostics.com/member/eps_syndrome.htm
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