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THERMO ELECTRON ANNOUNCES SECOND QUARTER RESULTS

 THERMO ELECTRON ANNOUNCES SECOND QUARTER RESULTS
 WALTHAM, Mass., July 30 /PRNewswire/ -- Thermo Electron Corporation


(NYSE: TMO) today reported net income of $13.9 million, or 52 cents per share, on sales of $210.1 million, compared with net income of $10.7 million, or 48 cents per share, on sales of $197.8 million for the second quarter a year ago. Weighted average shares increased nearly 20 percent from the year-ago period as a result of the conversion of debentures and two private placements of common stock.
 "Operating income continued to increase and we have seen improvement in the rate of product orders in several of our largest and most profitable businesses," said George N. Hatsopoulos, chairman and president of Thermo Electron.
 Thermo Electron develops, manufactures, and markets environmental and analytical instruments, custom-engineered and pre-packaged cogeneration systems, industrial process equipment, biomedical materials and products, and fabricated biomedical and aerospace components. The company also provides metallurgical heat treating, water quality engineering, and analytical laboratory services.
 THERMO ELECTRON CORPORATION
 Financial Highlights
 Three Months Ended Six Months Ended
 6/27/92 6/29/91 6/27/92 6/29/91
 Revenues $210,065,000 $197,809,000 $414,450,000 $393,299,000
 Income before
 provision
 for taxes 22,749,000 15,776,000 39,873,000 29,310,000
 Net income 13,904,000 10,712,000 26,538,000 19,296,000
 Earnings
 per share 52 cents 48 cents $1.00 87 cents
 Weighted average
 shares 26,752,000 22,324,000 26,533,000 22,140,000
 -0- 7/30/92
 /CONTACT: John N. Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO) CO: Thermo Electron Corporation ST: Massachusetts IN: SU: ERN


SH -- NE001 -- 4921 07/30/92 08:44 EDT
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Publication:PR Newswire
Date:Jul 30, 1992
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