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COMPUTRAC, INC. ANNOUNCES FIRST QUARTER RESULTS

 RICHARDSON, Texas, June 15 /PRNewswire/ -- CompuTrac, Inc. (AMEX: LLB) announced today operating revenues of $2,102,376 for the quarter ended April 30, 1993 compared with operating revenues of $3,261,865 for the comparable prior period. System sales revenues decreased from $1,678,717 at April 30, 1992, to $585,262 for the current quarter ended April 30, 1993.
 Results for the quarter include a net loss of $348,926 or 6 cents a share compared with net income of $229,036 or 4 cents a share for the comparable prior period. Included in the first quarter results are expenses associated with CompuTrac's 80 percent acquisition of MediaMagic Corporation, a manufacturer and seller of multi-media video and audio boards.
 COMPUTRAC, INC.
 Statements of Operations
 (Unaudited)
 Three-month period
 ended April 30 1993 1992
 Operating Revenues:
 System sales $ 585,262 $1,678,717
 Services and support 1,517,114 1,583,148
 Total 2,102,376 3,261,865
 Costs and expenses:
 Cost of system hardware 337,224 719,139
 Operating expenses 814,899 715,135
 Selling, general and
 administrative expenses 1,261,378 1,237,994
 Software development costs 281,000 265,000
 Total 2,694,501 2,937,268
 Operating (loss) income (592,125) 324,597
 Non-Operating (loss) income (1,801) 22,439
 Minority interest 14,800 --
 (Loss) income before income taxes $ (579,126) $ 347,036
 (Benefit) provision for income taxes (230,200) 118,000
 Net (loss) income (348,926) 229,036
 Primary and fully diluted net income
 per common share $ (.06) $ .04
 Weighted average shares outstanding:
 Primary 5,954,848 6,010,359
 Fully diluted 5,953,330 6,013,154
 -0- 6/15/93
 /CONTACT: Cheri L. White, director - finance of CompuTrac, Inc., 214-234-4241/
 (LLB)


CO: CompuTrac, Inc. ST: Texas IN: CPR SU: ERN

WB -- NY113 -- 2379 06/15/93 17:43 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
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