Printer Friendly

TEE-COMM ELECTRONICS INC. -- SECOND QUARTER ENDED JUNE 30, 1992

 TEE-COMM ELECTRONICS INC. -- SECOND QUARTER ENDED JUNE 30, 1992
 MILTON, Ontario, Aug. 28 /PRNewswire/ -- Tee-Comm Electronics Inc. reports a profit for the second quarter ended June 30, 1992 of $11,000 (0 cents per share) on sales of 7,813,000 compared to a profit of 363,000 (3 cents per share) on sales of $10,032,000 for the same period in 1991. For the six months to date, the company has realized a profit of $143,000 (1 cent per share) on sales of $15,755,000 compared to a profit of $667,000 (5 cents per share) on sales of 19,040,000 for the same period in 1991.
 Tee-Comm manufactures satellite equipment, public facsimile terminals and various consumer products in Canada and the United States. The company also provides cable-like programming to rural homes where traditional cable is unavailable.
 TEE-COMM ELECTRONICS INC.
 Six months to
 Periods ended 6/30/92 Year Ago
 Revenue $ 15,755,000 $ 19,040,000
 Net profit 143,000 667,000
 Net profit/share $ 0.01 $ 0.05
 Three months to
 Periods ended 6/30/92 Year Ago
 Revenue $ 7,813,000 $ 10,032,000
 Net profit 11,000 363,000
 Net profit/share $ 0.00 $ 0.03
 Shares outstanding 14,471,608 13,915,858
 -0- 8/28/92
 /CONTACT: Robert A. Kavelman, C.A., vice-president, finance of the company, at 416-878-8181/
 (TEN.) CO: Tee-Comm Electronics Inc. ST: Ontario IN: SU: ERN


LD -- NY066 -- 4618 08/28/92 17:16 EDT
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:Aug 28, 1992
Words:250
Previous Article:DIAMOND JEWELRY A WINNER AT 44TH PRIMETIME EMMY AWARDS
Next Article:ANR PIPELINE COMPANY CALLS FOR REDEMPTION OF CUMULATIVE PREFERRED STOCK SERIES
Topics:


Related Articles
TEE-COMM ELECTRONICS RECEIVES SEC TRADING CLEARANCE
TEE-COMM ELECTRONICS BEAMS ONTO THE AMERICAN STOCK EXCHANGE; CONTINUES PREVIOUS LISTING ON THE TORONTO EXCHANGE
TEE-COMM ELECTRONICS INC. REPORTS RESULTS
TEE-COMM ELECTRONICS INC. REPORTS RESULTS FOR FIRST QUARTER ENDED MARCH 31, 1993
TEE-COMM ELECTRONICS INC. FINANCIAL RESULTS
ELECTRONICS, MISSILES & COMMUNICATIONS REPORTS RESULTS
TEE-COMM FILES PRELIMINARY PROSPECTUS
TEE-COMM APPLAUDS CRTC PROPOSAL TO EXEMPT CANADIAN DTH DISTRIBUTORS FROM LICENSING
TEE-COMM REPORTS INCREASED SALES AND EARNINGS; TCI HOME ENTERTAINMENT DIVISION TRIPLES SUBSCRIBER BASE IN 1993 AND HELPS RETURN COMPANY TO...
TEE-COMM REPORTS RECORD FIRST QUARTER SALES; SALES MORE THAN DOUBLE OVER LAST YEAR -- BEST FIRST QUARTER IN COMPANY'S HISTORY

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