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FINAL SECOND QUARTER 1993 RESULTS ANNOUNCED BY ADC TELECOMMUNICATIONS, INC.

 MINNEAPOLIS, May 25 /PRNewswire/ -- ADC Telecommunications, Inc. (NASDAQ-NMS: ADCT) announced final results for its second fiscal quarter ended April 30, 1993 today. The 1993 three-month and six-month (YTD) results, compared to the three-month and six-month periods ended April 30, 1992 are as follows (dollars in thousands except EPS):
 Quarters Ended Six Months Ended Percent Increase
 4/30/93 4/30/92 4/30/93 4/30/92 Qtr. YTD
 Orders $93,214 $82,261 $171,577 $148,064 13.3 15.9
 Net sales 88,999 78,829 167,647 143,583 12.9 16.8
 Net income $7,064 $6,243 $12,324 $4,967 13.2 148.1
 EPS .51 .46 .90 .37 10.9 143.2
 "These results reflect improving sales in virtually all product areas," stated William J. Cadogan, president and chief executive officer. "Our newer product areas, although not yet contributing material revenues, are enjoying strong customer acceptance. In the past week, Pacific Bell Telephone has announced a five-year, multi-million dollar agreement to purchase our Soneplex(TM) access/transport platform for its major California network modernization project and Rochester Telephone Corp. has selected ADC to provide our cost-effective hybrid fiber/coax, transport delivery architecture for its video-on-demand field trial scheduled later this year in Rochester, N.Y." added Cadogan.
 ADC Telecommunications, Inc. designs, manufactures and markets a wide variety of transmission, networking and cable management products used by telephone companies, broadcast and cable TV networks and private telecommunications networks.
 Net sales for the quarters and six-month periods ended April 30, 1993 and 1992 classified by product group, detailed statements of income for the quarters and six-month periods ended April 30, 1993 and 1992 and balance sheets as of April 30, 1993 and October 31, 1992 follow.
 NET SALES BY PRODUCT GROUP (Dollars in thousands):
 Quarters Ended
 4/30/93 4/30/92
 Net sales Percent Net sales Percent
 Transmission $15,007 16.9 $13,981 17.7
 Networking 24,211 27.2 22,921 29.1
 Cable management 49,781 55.9 41,927 53.2
 Total $88,999 100.0 $78,829 100.0
 Six Months Ended
 4/30/93 4/30/92
 Net sales Percent Net sales Percent
 Transmission $29,117 17.4 $24,484 17.1
 Networking 43,904 26.2 40,845 28.4
 Cable management 94,626 56.4 78,254 54.5
 Total $167,647 100.0 $143,583 100.0
 Net sales of fiber optic products represented 31.4 percent and 27.7 percent of total net sales for the quarters ended April 30, 1993 and 1992, respectively. For the six months ended April 30, 1993 and 1992, net sales of fiber optic products represented 32.1 percent and 27.1 percent of total net sales, respectively.
 ADC TELECOMMUNICATIONS, INC. AND SUBSIDIARIES
 CONSOLIDATED STATEMENTS OF INCOME
 (Unaudited) (In thousands, except per share statistics)
 Quarters Ended Six Months Ended
 4/30/93 4/30/92 4/30/93 4/30/92
 Net sales $88,999 $78,829 $167,647 $143,583
 Cost of products sold 43,708 38,304 82,218 72,232
 Gross profit 45,291 40,525 85,429 71,351
 Gross profit percentage 50.9 51.4 51.0 49.7
 Expenses:
 Selling 17,825 15,223 33,675 29,665
 Development and product
 engineering 10,282 8,724 19,819 16,937
 General and administrative 5,211 5,341 10,789 10,719
 Personnel reduction 0 0 0 3,800
 Total expenses 33,318 29,288 64,283 61,121
 Operating income 11,973 11,237 21,146 10,230
 Other income (expense),
 net:
 Interest 68 (369) 89 (762)
 Other (829) (633) (1,673) (1,325)
 Income before income taxes 11,212 10,235 19,562 8,143
 Provision for income taxes 4,148 3,992 7,238 3,176
 Net income $7,064 $6,243 $12,324 $4,967
 Average common shares
 outstanding 13,742 13,531 13,702 13,505
 Earnings per share $.51 $.46 $.90 $.37
 Orders $93,214 $82,261 $171,577 $148,064


ADC TELECOMMUNCATIONS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS
 (Unaudited) (In thousands)
 ASSETS
 4/30/93 10/31/92
 Current assets:
 Cash and cash equivalents $10,228 $20,484
 Accounts receivable 55,565 47,414
 Inventories 42,446 39,063
 Prepaid income taxes and other 9,312 8,394
 Total current assets 117,551 115,355
 Property and equipment, net 58,949 57,945
 Other assets, principally
 goodwill 67,719 67,462
 -- $244,219 $240,762
 LIABILITIES AND STOCKHOLDERS' INVESTMENT
 4/30/93 10/31/92
 Current Liabilities:
 Current maturities of long-term debt 300 324
 Accounts payable 13,318 12,445
 Accrued liabilities 27,047 27,302
 Total current liabilities 40,665 40,071
 Deferred Income Taxes 4,228 4,393
 Long-Term Debt, less current
 maturities above 810 14,110
 Total Liabilities 45,703 58,574
 Stockholders' Investment
 (13,755 and 13,610 shares outstanding
 respectively) 198,516 182,188
 -- 244,219 240,762
 -0- 5/25/93
 /CONTACT: Aimee Gallogly of ADC Telecommunications, Inc., 612-946-3338/
 (ADCT)


CO: ADC Telecommunications, Inc. ST: Minnesota IN: TLS SU: ERN

MA -- MN011 -- 2227 05/25/93 14:06 EDT
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