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ALDEN ELECTRONICS REPORTS FINANCIAL RESULTS

 ALDEN ELECTRONICS REPORTS FINANCIAL RESULTS
 WESTBOROUGH, Mass., July 23 /PRNewswire/ -- Alden Electronics, Inc.


(NASDAQ: ADNEA) and subsidiaries reported revenues for the first quarter (12 weeks) ended June 20, 1992 of $3,639,598 as compared to $5,115,993 for the same period last year. These revenues generated a net loss of $23,001 or 1 cent per share, as compared to net income of $141,883, or 7 cents per share, for the
same period last year. The decrease in revenues and earnings reflects decreased shipments of SATFIND-406(tm) EPIRBs, weather display equipment and facsimile recording papers.
 ALDEN ELECTRONICS, INC.
 Results Of Operations
 12 Weeks Ended
 6/22/91 6/20/92
 Revenues $3,639,598 $5,115,993
 Earnings (loss) before
 income taxes $(46,861) $258,983
 Net earnings (loss) $(23,001) $141,883
 Net earnings (loss)
 per share (1 cent) 7 cents
 -0- 7/23/92
 /CONTACT: Gary Lortie of Alden Electronics, 508-366-8851/
 (ADNEA) CO: ALDEN Electronics ST: Masssachusetts IN: CPR SU: ERN


TM -- NE010 -- 2573 07/23/92 13:31 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
Words:175
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