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HADCO CORPORATION REPORTS THIRD QUARTER PROFITS 1992

 HADCO CORPORATION REPORTS THIRD QUARTER PROFITS 1992
 SALEM, N.H., Aug. 14 /PRNewswire/ -- HADCO Corporation


(NASDAQ: HDCO) today announced that net income for the fiscal quarter ended Aug. 1, 1992, was $2 million, or 18 cents per share, on net sales of $45.3 million. Net income for the first nine months of fiscal 1992 was $5.6 million, or 52 cents per share, on net sales of $135.9 million.
 In comparison, net income for the third quarter of fiscal 1991 was $1.5 million, or 14 cents per share, on $38.3 million of net sales. Net income for the first nine months of fiscal 1991 was $3.8 million, or 35 cents per share, on $111 million of net sales.
 Bookings for the third quarter of fiscal 1992 were $41.3 million, up 7.8 percent from $38.3 million in the third quarter of fiscal 1991. Bookings through the third quarter of fiscal 1992 were $136.1 million, up 22.7 percent from $110.9 million through the third quarter of fiscal 1991. Total backlog at the end of the third quarter of fiscal 1992 was $30.1 million, up from $25.3 million at the end of the third quarter of fiscal 1991. Total backlog at the end of the second quarter of fiscal 1992 was $33.4 million.
 Hadco is the largest North American independent manufacturer of dense double-sided and multi-layer printed circuits, serving customers in the computer, telecommunications, automotive and instrumentation, including medical and industrial automation industries. The company also manufacturers backplanes for electronic interconnect systems. It operates six facilities in the United States.
 The figures are as follows:
 HADCO CORPORATION
 Conslidated Summary Statements of Income
 (All dollar amounts, except per share data, in thousands)
 (Unaudited)
 Three Months Ended Nine Months Ended
 Aug. 1, July 27, Aug. 1, July 27,
 1992 1991 1992 1991
 Net sales $45,283 $38,310 $135,921 $110,959
 Income before provision
 for income taxes 2,754 2,296 8,415 5,887
 Net income 1,972 1,508 5,601 3,771
 Net income per common and
 common equivalent share 18 cents 14 cents 52 cents 35 cents
 Weighted average common
 and common equivalent
 shares outstanding 11,108,362 10,857,337 10,864,229 10,926,742
 HADCO CORPORATION
 Consolidated Summary Balance Sheets
 (all dollar amounts in thousands)
 (Unaudited)
 Aug. 1, Oct. 26,
 1992 1991
 Current assets $52,783 $51,263
 Net property, plant and
 equipment 47,350 47,327
 Other assets 455 629
 Total $100,588 $99,219
 Current liabilities $30,592 $29,700
 Other liabilities 12,142 18,958
 Stockholders' investment 57,854 50,561
 Total $100,588 $99,219
 -0- 8/14/92
 /CONTACT: Rodney P. DeRego, vice president and chief financial officer, Hadco Corporation, 603-898-8000/
 (HDCO) CO: Hadco Corporation ST: New hampshire IN: CPR TLS SU: ERN


CH-TM -- NE008 -- 9998 08/14/92 12:13 EDT
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Date:Aug 14, 1992
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