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ATEK METALS CENTER, INC. REPORTS FIRST QUARTER FISCAL 1992 RESULTS

 ATEK METALS CENTER, INC. REPORTS FIRST QUARTER FISCAL 1992 RESULTS
 CINCINNATI, Jan. 30 /PRNewswire/ -- Atek Metals Center, Inc. (NASDAQ/NMS: ATKM) announced today its results for the first quarter of fiscal 1992. For the three months ended Dec. 31, 1991, Atek reported net earnings of $144,000 ($0.03 per share) compared to $348,000 ($0.09 per share) for the first quarter of fiscal 1991. Revenues decreased from $13,610,000 in the same quarter a year ago to $10,713,000 in the first quarter of fiscal 1992. Average shares outstanding numbered 3,730,231 in fiscal 1992 and fiscal 1991.
 FINANCIAL SUMMARY
 (Dollars in thousands except per share data)
 First Quarter Ended
 December 31
 1991 1990
 Revenues $10,713 $13,610
 Gross Profit 2,282 3,042
 Operating Profit 351 817
 Net Earnings 144 348
 Earnings Per Share 0.03 0.09
 Average Shares Outstanding 3,730,231 3,730,231
 Atek Metals Center, Inc. provides high performance materials and manufacturing services worldwide through four related divisions:
 - Distribution
 - Polymet Corp. -- Specialty Wire Manufacturing and Processing
 - CTS, Inc. -- Specialty Coating Manufacturing Services
 - XYTORR Corp. -- Research and Development of Vacuum Coating
 Technology
 Atek's primary markets include the aircraft engine segment of the aerospace industry and the petrochemical segment of the chemical process industry.
 -0- 1/30/92
 /CONTACT: Barry F. Bucher, president and CEO of Atek Metals Center, Inc., 513-874-3490/
 (ATKM) CO: Atek Metals Center, Inc. ST: Ohio IN: ARO CHM SU: ERN


KK -- CL007 -- 5295 01/30/92 13:33 EST
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Publication:PR Newswire
Date:Jan 30, 1992
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