Gevity Discusses Q2 Earnings/Next Steps

Gevity (Nasdaq: GVHR) announced yesterday diluted net earnings per common share of $0.15 for the second quarter ended June 30, 2003, compared to $0.05 for the second quarter of 2002. Revenues for the second quarter of 2003 were $102.1 million, as compared with $92.9 million in the second quarter of 2002. Second Quarter Developments: * In early July, the company announced the first of what it anticipates to be several new product offerings in tandem with member companies of American International Group, Inc., (AIG). The new, premier 401(k) retirement...