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LUXTEC CORPORATION ANNOUNCES FOURTH QUARTER RESULTS

 LUXTEC CORPORATION ANNOUNCES FOURTH QUARTER RESULTS
 WORCESTER, Mass., Dec. 20 /PRNewswire/ -- Luxtec Corporation


(NASDAQ: LUXT) announced today that sales for the fourth quarter ended Oct. 31, 1991, were $1,457,874, or 37.7 percent higher than the $1,058,477 reported a year ago. Net earnings were $62,239, $0.0044 per share, compared to net earnings of $3,880, or $0.0003 per share, for the three month period ended Oct. 31, 1990. For the fiscal year ended Oct. 31, 1991, sales were $5,474,221, or 36.3 percent higher than the $4,016,286, reported for the fiscal year ended Oct. 31, 1990. The net earnings for fiscal 1991 were $367,600, or $0.0262 per share, compared to $112,354, or $0.0081 per share, for the fiscal year ended Oct. 31, 1990.
 "The increase in sales reflects a continued strength of demand for the corporation's headlight systems," comments Bernard Clark, Luxtec chief executive officer. "The corporation has continued its control of operating expenses to maintain higher profitability."
 Luxtec Corporation designs, manufactures and markets fiber-optic headlights, lightsources, cables, loupes and other custom-made surgical specialty instruments utilizing fiber-optic technology for the medical, dental and veterinary industries.
 LUXTEC CORPORATION RESULTS (Audited)
 Three Months Ended 12 Months Ended
 Oct. 31, Oct. 31,
 1991 1990 1991 1990
 Net sales $1,457,874 $1,058,477 $5,474,221 $4,016,286
 Net earnings $62,239 $3,880 $367,600 $112,354
 Earnings per
 common share $0.0044 $0.0003 $0.0262 $0.0081
 Outstanding
 shares 14,011,986 14,011,986 14,011,986 14,011,986
 -0- 12/23/91
 /CONTACT: Joseph Campbell of Luxtec, 508-856-9454/
 (LUXT) CO: Luxtec Corporation ST: Massachusetts IN: SU: ERN


DH-DD -- NE004 -- 4875 12/23/91 13:51 EST
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Publication:PR Newswire
Date:Dec 23, 1991
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