May 8, 2020 -- For the quarter revenue increased to $571.6 million, compared with $554 million in the first quarter of 2019. Meanwhile, net income in the first quarter plummeted to $685.9 million from approximately $865 million in the same quarter a year ago.
The company's President and CEO Norman Schwartz said he was pleased with the results given the impact of the COVID-19 pandemic.
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