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ALDEN ELECTRONICS REPORTS THIRD QUARTER REVENUES

 WESTBOROUGH, Mass., Jan. 28 /PRNewswire/ -- Alden Electronics, Inc. (NASDAQ: ADNEA) and subsidiaries reported revenues for the three quarters (40 weeks) ended Jan. 2, 1993 of $11,603,601 as compared to $15,097,979 for the same period last year. These revenues generated a net loss of $65,218 or 3 cents per share, as compared to a net income of $299,029 or 14 cents per share, for the same period last year.
 Revenues for the quarter (12 weeks) ended Jan. 2, 1993 were $3,083,695 as compared to $3,653,281 for the same period last year. These revenues generated a net loss of $141,801 or 7 cents per share, as compared to a net income of $5,644 for the same period last year.
 The decrease in revenues is primarily attributable to a decline in shipments of SATFIND-406(tm) Emergency Position Indicating Radio Beacons ("EPIRBs") and facsimile recording papers.
 Alden Electronics and Subsidiaries
 Results of Operations
 40 Weeks Ended 12 Weeks Ended
 Jan. 2 Jan. 4 Jan. 2 Jan. 4
 1993 1992 1993 1992
 Revenues $11,603,601 $15,097,979 $3,083,695 $3,653,281
 Earnings (loss)
 before income
 taxes $(125,618) $512,872 $(223,998) $(353)
 Net earnings
 (loss) $(65,218) $299,029 $(141,801) $5,644
 Net earnings
 (loss) per
 share (3 cents) 14 cents (7 cents) 0
 -0- 1/28/93
 /CONTACT: Gary A. Lortie of Alden Electronics, 508-366-8851/
 (ADNEA)


CO: Alden Electronics, Inc. ST: Massachusetts IN: CPR SU: ERN

SJ -- NE013 -- 0373 01/28/93 14:57 EST
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 28, 1993
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