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INFORMATION DISPLAY TECHNOLOGY, INC. ANNOUNCES THIRD QUARTER 1993 EARNINGS

 PITTSBURGH, Nov. 15 /PRNewswire/ -- Information Display Technology, Inc. ("the Company") (AMEX: IDT) today reported a third quarter 1993 net income of $530,000 compared to a net income of $429,000 for the same 1992 period. Sales for the quarter were $15,021,000 compared to $14,100,000 for the same 1992 period.
 For the nine months ended Sept. 30, 1993, sales and net income were $38,761,000 and $533,000, respectively. For the comparable period ended Sept. 30, 1992, sales and net income were $38,626,000 and $707,000, respectively. According to N. Roy Anderson, president of the company, IDT's third quarter performance showed a strong improvement over the first two quarters and the same period last year due to an increase in construction projects with higher gross margins on manufactured items.
 Information Display Technology, Inc., designs, engineers, manufactures and markets custom-designed writing and projection surfaces, chalkboards and markerboards, custom cabinetry and partitions for educational and healthcare facilities, offices and laboratories and exterior architectural building panels.
 In 1992, the company had revenues of $48,319,000 and net income of $426,000.
 INFORMATION DISPLAY TECHNOLOGY, INC.
 Third Quarter 1993 Financial Results
 ($000 except per share data)
 Three Months Ended Sept. 30 1993 1992
 Revenues $15,021 $14,100
 Net income 530 429
 Average shares 13,317 13,317
 Earnings per share $0.04 $0.03
 Nine Months Ended Sept. 30 1993 1992
 Revenues $38,761 $38,626
 Net income 533 707
 Average shares 13,317 13,317
 Earnings per share $0.04 $0.05
 -0- 11/15/93
 /CONTACT: Robert O'Gara, 412-561-0462, for IDT/
 (IDT)


CO: Information Display Technology, Inc. ST: Pennsylvania IN: SU: ERN

DM-LJ -- PG018 -- 4607 11/15/93 15:41 EST
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Publication:PR Newswire
Date:Nov 15, 1993
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