Analogic announces record second quarter revenues.

PEABODY, Mass.--(BUSINESS WIRE)--March 6, 1995--Analogic Corp. (NASDAQ-ALOG), a leading manufacturer of high precision medical and industrial, diagnostic and measurement instruments and equipment, is pleased to announce record revenues for its second quarter and six-month period ending Jan. 31, 1995.

Revenues for the second quarter ended Jan. 31, 1995, were a record $52,537,000 compared with the prior year's second quarter revenues of $49,587,000, an increase of 6 percent. Net income for the second quarter was $3,132,000, or $.25 per share compared with $3,762,000, or $.30 per share for the prior year's second quarter.

Revenues for the six months ended Jan. 31, 1995, were a record $103,468,000 compared with the prior year's six months' revenues of $95,692,000, an increase of 8 percent. Net income for the six-month period was $6,606,000, or $.53 per share compared with $6,963,000, or $.56 per share for the same period a year ago.

                                Analogic Corp.
                        Comparative Condensed Summary
                            Statements of Earnings
                     (Thousands, except per share data)

                               Three Months Ended    Six Months Ended
                                   Jan. 31,               Jan. 31,
                                 (Unaudited)            (Unaudited)
                                1995       1994       1995      1994

Revenues:
 Product & service (net)     $47,671    $45,796    $92,686   $87,084
 Engineering & licensing       1,782        833      3,470     1,702
 Other operating revenues      1,794      1,805      4,800     4,569
 Interest & dividend income    1,290      1,153      2,512     2,337

    Total revenues           $52,537    $49,587   $103,468   $95,692

Income before income taxes    $4,749     $5,736     $8,921   $10,631
Provision for income taxes     1,027        895      1,882     2,470
Minority interest in net income
 of consolidated subsidiaries    590      1,079        433     1,198

    Net income                $3,132     $3,762     $6,606    $6,963

Net income per common equivalent
 share                          $.25       $.30       $.53      $.56
Equivalent shares
 outstanding           12,476,871  12,447,080  12,459,138  12,451,314

CONTACT: Analogic Corp.

John A. Tarello, 508/977-3000