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THERMEDICS INC. ANNOUNCES THIRD QUARTER RESULTS

          THERMEDICS INC. ANNOUNCES THIRD QUARTER RESULTS
    WOBURN, Mass., Nov. 5 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD)


today reported revenues of $6,870,000 for the quarter ended Sept. 28, 1991, compared with $7,501,000 in 1990. Net income was $214,000, compared with $858,000 in 1990.
    "Although revenues for the company as a whole were down for the third quarter, sales of our detection instruments continue to increase," said John W. Wood Jr., president of Thermedics.  "In addition to marketing the EGIS(R) explosives detector and the Sentor(tm) drug detector, we will soon be providing drug-detection services through a marketing agreement with Pinkerton Security & Investigation Services."
    Thermedics develops, manufactures, and markets biomaterials, biomedical products, analytical instruments, and explosives- and drug-detection devices, and provides analytical laboratory services. Thermedics is a public subsidiary of Thermo Electron Corporation (NYSE: TMO).
                            THERMEDICS INC.
                          Financial Highlights
                       Three Months Ended       Nine Months Ended
                      9/28/91     9/29/90      9/28/91      9/29/90
    Revenues        $6,870,000  $7,501,000   $23,684,000  $21,018,000
    Income before
     provision for
     income taxes      464,000   1,397,000     2,367,000    2,953,000
    Net income         214,000     858,000     1,414,000    2,394,000
    Earnings per
     share              1 cent     5 cents       8 cents     13 cents
    Weighted average
     shares         18,524,000  18,227,000   18,437,000    17,913,000
    -0-                           11/5/91
    /CONTACT:  John N. Hatsopoulos, vice president and chief financial officer of Thermedics, 617-622-1111/
    (TMD TMO) CO:  Thermedics Inc.; Thermo Electron Corporation ST:  Massachusetts IN:  AIR MTC SU:  ERN SH -- NE008 -- 1098 11/05/91 08:53 EST
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Publication:PR Newswire
Date:Nov 5, 1991
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