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CANTEL INDUSTRIES ANNOUNCES RESULTS OF OPERATIONS FOR THE QUARTER AND SIX MONTHS ENDED JAN. 31, 1992

 CANTEL INDUSTRIES ANNOUNCES RESULTS OF OPERATIONS
 FOR THE QUARTER AND SIX MONTHS ENDED JAN. 31, 1992
 FAIRFIELD, N.J., March 13 /PRNewswire/ -- Cantel Industries, Inc. (OTC), today reported consolidated net sales of $10,769,000, net income before imputed dividends on preferred stocks of $352,000 and net income attributable to common stock of $136,000 or $0.06 per share for the quarter ended Jan. 31, 1992, as compared with net sales of $9,115,000, a net loss before imputed dividends on preferred stocks of $319,000 and a net loss attributable to common stock of $359,000 or $0.24 per share for the quarter ended Jan. 31, 1991.
 For the six months ended Jan. 31, 1992, the company reported net sales of $20,536,000, net income before imputed dividends on preferred stocks of $791,000 and net income attributable to common stock of $371,000 or $0.16 per share, as compared with net sales of $18,800,000, a net loss before imputed dividends on preferred stocks of $628,000 and a net loss attributable to common stock of $668,000 or $0.46 per share for the six months ended Jan. 31, 1991.
 James P. Reilly, president and chief executive officer of Cantel Industries, Inc., which distributes ergonomic office seating in the United States, and medical, scientific, photographic and optical equipment in Canada, said, "We are pleased to report that despite foreign exchange losses of $279,000 during the quarter ended Jan. 31, 1992, we completed our fourth consecutive profitable quarter since completing our corporate and financial restructuring."
 CANTEL INDUSTRIES, INC.
 Summary of Results
 Three months ended Jan. 31 1992 1991
 Net sales $10,769,000 $9,115,000
 Income (loss) before imputed
 dividends on preferred stocks 352,000 (319,000)
 Net income (loss) attributable
 to common stock $ 136,000 $ (359,000)
 Income (loss) per common share $0.06 $(0.24)
 Average number of shares 2,297,976 1,499,464
 Six months ended Jan. 31 1992 1991
 Net sales $20,536,000 $18,800,000
 Income (loss) before imputed
 dividends on preferred stocks 791,000 (628,000)
 Net income (loss) attributable
 to common stock $ 371,000 $ (668,000)
 Income (loss) per common share $0.16 $(0.46)
 Average number of shares 2,258,179 1,448,807
 -0- 3/13/92
 /CONTACT: James P. Reilly, president of Cantel Industries, 201-227-6500/ CO: Cantel Industries, Inc. ST: New Jersey IN: SU: ERN


GK-OS -- NY042 -- 7830 03/13/92 13:10 EST
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Publication:PR Newswire
Date:Mar 13, 1992
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