Koll Earnings Increase 19%

Koll Management Services Inc. of Newport Beach reported third-quarter earnings of $727,000, or 22 cents a share, up 19% from $613,000, or 23 cents a share, a year earlier. The per-share earnings reflect a 25% increase in the average number of shares outstanding after the company’s initial public offering in July. Revenue for the quarter ended Dec. 31 rose 19%, to $6.8 million from $5.7 million. For the nine-month period, earnings were $1.9 million, or 64 cents a share; they were $1.6 million, or 59 cents a share, a year earlier. Revenue was $20.1 million, up from $15.6 million.