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METRO TEL REPORTS FIRST QUARTER RESULTS

 JERICHO, N.Y., Oct. 25 /PRNewswire/ -- Metro Tel Corp. (NASDAQ: MTRO) today reported first quarter sales of $1,058,002 and net earnings of $36,151 or $.02 per share compared with sales of $1,224,581 and net earnings of $61,171 or $.03 per share for the first quarter of last year.
 V. J. Indelicato, president of Metro Tel, attributed the decrease in revenues to a reduction in dialer sales for the Canadian market. He cautioned that quarter-to-quarter sales comparisons will vary widely for small companies and are not indicative of yearly results.
 Metro Tel is a manufacturer of telephone test equipment and peripheral telephone products.
 METRO TEL CORP.
 Three months ended Sept. 30 1993 1992
 Sales $1,058,002 $1,224,581
 Earnings before income taxes 61,351 101,952
 Provisions for income taxes 25,200 40,781
 Net earnings $ 36,151 $ 61,171
 Net earnings per common share $.02 $.03
 Weighted average shares outstanding 2,004,046 2,004,046
 -0- 10/25/93
 /CONTACT: V. J. Indelicato, president of Metro Tel, 516-937-3420/
 (MTRO)


CO: Metro Tel Corp. ST: New York IN: TLS SU: ERN

GK-TA -- NY044 -- 6218 10/25/93 10:37 EDT
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Publication:PR Newswire
Date:Oct 25, 1993
Words:198
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