Printer Friendly

LIFETIME PRODUCTS, INC. ANNOUNCES THIRD QUARTER EARNINGS

 DALLAS, Nov. 20 ~PRNewswire~ -- Lifetime Products, Inc. (AMEX: LPI) today reported a net loss from continuing operations of $2,561,948 or $0.62 per share on sales of $1,668,726 for the three months ended Sept. 30, 1992.
 Net earnings for the third quarter of 1991 were $1,630,454 or $0.22 per share assuming full dilution on sales of $11,742,825.
 Comparative information follows:
 LIFETIME PRODUCTS, INC.
 Quarter Ended Nine Months Ended
 September 30, September 30,
 1992 1991 1992 1991
 Net sales $ 1,668,726 $11,742,825 $ 6,739,556 $36,186,852
 Earnings (loss)
 from continuing
 operations $(2,561,948) 1,630,454 (9,623,105) 6,246,519
 Discontinued
 operation:
 Loss from operation -- -- -- (327,161)
 Gain on disposal -- -- -- 9,183,722
 Net earnings
 (loss) (2,561,948) $ 1,630,454 $(9,623,105) $15,103,080
 Earnings (loss) per
 common share, primary:
 Continuing operations -- $0.22 -- $0.79
 Discontinued operation -- -- -- 1.21
 Total -- $0.22 -- $2.00
 Weighted average number of
 common shares and common
 stock equivalents outstanding:
 Primary 4,132,167 6,689,060 4,065,455 7,923,884
 Assuming full
 dilution 4,132,167 6,726,907 4,065,455 7,325,501
 Note: Lifetime Products, Inc. is a Dallas, Texas based manufacturer and marketer of premium consumer products including TRIPLEDGE(R) Lifetime Wipers.
 -0- 11~20~92
 ~CONTACT: Vince White, director-investor relations of Lifetime Products, 214-980-2886.


CO: Lifetime Products, Inc. ST: Texas IN: SU: ERN

CC -- PH028 -- 3412 11~20~92 13:47 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 20, 1992
Words:256
Previous Article:PMBDA APPROVES LOANS FOR ADAMS AND ALLEGHENY COUNTIES
Next Article:MEDQUIST TO SELL AMBULATORY SURGERY CENTER


Related Articles
LIFETIME PRODUCTS ANNOUNCES RECORD THIRD QUARTER EARNINGS
ADAMS RESOURCES & ENERGY ANNOUNCES EARNINGS AND THIRD QUARTER RESULTS
LIFETIME PRODUCTS ANNOUNCES FIRST QUARTER RESULTS
LIFETIME PRODUCTS, INC. CORPORATE UPDATE
LIFETIME PRODUCTS, INC. CORPORATE UPDATE
LIFETIME PRODUCTS, INC. ANNOUNCES THIRD QUARTER EARNINGS
STOCKS ON-CALL LISTING FOR OCT. 28, 1993
CCA INDUSTRIES, INC. POSTS THIRD QUARTER AND NINE MONTHS REVENUES AND EARNINGS
PR Newswire Southwest Summary, Thursday, November 5, to 1:00 EDT.
Webcast of PrivateBancorp, Inc.'s Third Quarter 2006 Earnings Conference Call.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters