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WORLD SATELLITE NETWORK REPORTS RESULTS FOR QUARTER

 WORLD SATELLITE NETWORK REPORTS RESULTS FOR QUARTER
 MINNEAPOLIS, Dec. 23 /PRNewswire/ -- World Satellite Network today


reported results from the first quarter of fiscal 1992, ended Nov. 30, 1991.
 WORLD SATELLITE NETWORK, INC.
 CONSOLIDATED FINANCIAL STATEMENTS
 (Unaudited)
 First Quarter Ended
 11/30/91 11/30/90
 Revenue $1,331,000 $909,780
 Percent increase 46.3 ---
 Gross profit $273,174 $242,144
 Percent increase 12.8 ---
 Net income (loss) $91,000 $75,696
 Earnings per share $.05 $.03
 World Satellite Network, Inc. is a provider of satellite television programming and marketing support services to private cable and wireless cable systems nationwide. Its subsidiary, All Media, Inc., markets and sells video tapes and printed materials designed for the self-help, wellness and recovery industry.
 -0- 12/23/91
 /CONTACT: Jeff Maxwell of World Satellite Network, 612-339-9018/ CO: World Satellite Network ST: Minnesota IN: SU: ERN


AL -- MN007 -- 4871 12/23/91 13:37 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:Dec 23, 1991
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