EPIQ Systems, Inc. (EPIQ) Reports In-Line Q1 EPS

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Epiq Systems Announces First Quarter 2014 Results Led by 48% Organic Growth in eDiscovery Operating Revenue

April 29, 2014 4:00 PM EDT

KANSAS CITY, Kan., April 29, 2014 (GLOBE NEWSWIRE) -- Epiq Systems, Inc. (Nasdaq: EPIQ) today announced results for the first quarter of 2014. For the quarter, total operating revenue was $116.2 million, an increase of 13% compared to $102.9 million for the prior year quarter. Highlights for the quarter include:

First quarter 2014 operating revenue of $81.2 million for the Technology segment represented organic growth of 48% compared to 2013, reflecting the continued strength of Epiq's global leadership position in the eDiscovery market.    Completed a repricing of the $300.0 million term loan under the senior secured credit agreement. The... More