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THERMEDICS INC. ANNOUNCES THIRD QUARTER RESULTS

 WOBURN, Mass., Nov. 9 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD) today reported record revenues of $21,677,000 for the quarter ended Oct. 2, 1993, compared with $13,382,000 in 1992. Net income for the quarter was $1,854,000, compared with $726,000 in 1992. Operating income for the third quarter was $2,256,000, compared with $37,?000 last year.
 "Through our diverse technology base, we are addressing a variety of commercial markets, including product quality and fragrance sampling," said John W. Wood Jr., president of Thermedics. "Although our record revenue growth is due largely to sales of our Alexus system for product quality assurance, we have also reported higher revenues from our Thermo Voltek Corp. subsidiary due to a recent acquisition, and from our Scent Seal fragrance sampling system."
 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
 Oct. 2, Sept. 26, Oct. 2, Sept.26,
 1993 1992 1993 1992
 Revenues $21,677,000 $13,382,000 $56,397,000 $31,374,000
 Inc. Bef.
 Provision for
 Inc. Taxes 3,083,000 1,313,000 8,321,000 2,549,000
 Net Inc. 1,854,000 726,000 4,809,000 1,429,000
 Earns. Per
 Share(a) .06 .03 .16 .05
 Weighted Avg.
 Shares(a) 31,441,000 27,937,000 29,697,000 27,937,000
 (a)Share data has been adjusted for a three-for-two stock split distributed in November 1993.
 -0- 11/9/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMD TMO)


CO: Thermedics Inc.; Thermo Electron Corporation ST: Massachusetts IN: MTC SU: ERN

JL-DJ -- NE005 -- 2120 11/09/93 09:23 EST
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Publication:PR Newswire
Date:Nov 9, 1993
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