Free Historical Stock Data on Reynolds & Reynolds Co
Stock Symbol: REY
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Business Description
Reynolds and Reynolds Company is a provider of integrated solutions to automotive retailers. The Company's software and services solutions include a full range of retail and enterprise management systems. Anchored by the Company's dealer management system, ERA, Reynolds also offers Web and customer relationship management (CRM) solutions; support, training and professional services; documents; data management and integration services; networking, and financial services. Reynolds customers comprise most automotive retailers and a majority of car companies doing business in North America. In October 2003, the Company expanded its international operations through the acquisition of Incadea GmbH, a provider of automotive retailing solutions. The Company is organized into four segments: Software Solutions, Services, Documents and Financial Services.
Financial Information
For the fiscal year ended 9/30/04, revenues fell 3% to $982.2 million. Net income fell 16% to $92.6 million. Revenues reflect a decline in Software Solutions one-time hardware and software sales and revenue declines in Services, Documents, and Financial Services. Net income also reflects higher research and development expenses.
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