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BURNUP & SIMS REPORTS THIRD QUARTER RESULTS

 FORT LAUDERDALE, Fla., March 15 /PRNewswire/ -- Burnup & Sims Inc. (NASDAQ: BSIM) today announced a loss for the three-months ended Jan. 31, 1993 of $2.2 million, or $.25 per share, on revenues of $32.8 million, compared to a loss of $527,000, or $.06 per share, on revenues of $34.6 million for the same quarter last year.
 For the nine months, the company reported a loss of $1.7 million, or $.19 per share, on revenues of $106.6 million, compared to earnings of $255,000, or $.03 per share, on revenues of $116.1 million for the same period last year.
 "The continued weakness in the economy and inclement weather have negatively impacted volume in several of the company's U.S. markets," a company spokesperson stated, "resulting in losses within certain company operations. Historically, the company's third quarter results have been adversely impacted by the seasonality of the business. The company's current third quarter results were further affected by costs associated with new contract work in the U.S. and certain emerging markets," stated a company representative.
 Opening the lines of communications(TM) across the United States, Burnup & Sims is a leading telecommunications service company with diversified interest in movie theatres, commercial printing and real estate.
 BURNUP & SIMS INC.
 CONSOLIDATED RESULTS FOR THE PERIODS ENDED
 JAN. 31, 1993 AND 1992
 (In Thousands, Except Per Share Amounts)
 Three Months Ended Nine Months Ended
 Jan. 31, Jan. 31,
 1993 1992 1993 1992
 Revenues $ 32,776 $ 34,600 $106,610 $116,141
 Net Income (Loss) $ (2,178) (527) $ (1,690) $ 255
 Average Shares
 Outstanding 8,768 8,768 8,768 8,768
 Earnings (Loss)
 Per Share $ (.25) $ (.06) $ (.19) $ .03
 -0- 3/15/93
 /CONTACT: George Bracken or Sam Gentry of Burnup & Sims, 305-587-4512/
 (BSIM)


CO: Burnup & Sims Inc. ST: Florida IN: TLS SU: ERN

AW-JJ -- FL009 -- 5961 03/15/93 10:49 EST
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Publication:PR Newswire
Date:Mar 15, 1993
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