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PRECISION OPTICS CORPORATION ANNOUNCES RESULTS

 PRECISION OPTICS CORPORATION ANNOUNCES RESULTS
 GARDNER, Mass., Nov. 12 /PRNewswire/ -- Precision Optics


Corporation, Inc. (BSE: POC) announced financial results for the first quarter of fiscal year 1992, ended Sept. 29, 1991.
 Total revenues for the first quarter of fiscal year 1992 were $1,641,014; an increase of $992,657 or approximately 153 percent over the $648,357 total revenues for the same period in 1991. Net income was $32,481; an increase of approximately 605 percent over the $4,610 net income for the same period in 1991.
 Per share earnings were $0.01 versus negligible per share earnings for the same period last year.
 Night vision production accounted for the major portion of the revenue increase, followed by medical and industrial product sales.
 Precision Optics Corporation designs, develops, manufactures and sells specialized optical systems and components and optical thin film coatings. Its products and services include medical and industrial optical systems, lens systems for night vision equipment, optical thin film coatings, and advanced optical system design and development.
 Precision Optics Corporation, located in Gardner, Mass., is traded over-the-counter and on the Boston Stock Exchange (POC).
 -0- 11/12/91
 /CONTACT: Richard Forkey of Precision Optics Corporation, 508-630-1800/
 (POC) CO: Precision Optics Corp. ST: Massachusetts IN: SU: ERN AL -- MN006 -- 3408 11/12/91 11:10 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 12, 1991
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