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CANTEL INDUSTRIES ANNOUNCES RESULTS OF OPERATIONS FOR THE QUARTER AND NINE MONTHS ENDED APRIL 30, 1992

 CANTEL INDUSTRIES ANNOUNCES RESULTS OF OPERATIONS
 FOR THE QUARTER AND NINE MONTHS ENDED APRIL 30, 1992
 FAIRFIELD, N.J., June 11 /PRNewswire/ -- Cantel Industries, Inc. (OTC), today reported consolidated net sales of $10,632,000, net income before imputed dividends in preferred stock of $474,000 and net income attributable to common stock of $245,000 or 11 cents per share for the quarter ended April 30, 1992, as compared with net sales of $8,540,000, net income before imputed dividends on preferred stock of $325,000 and net income attributable to common stock of $133,000 or 7 cents per share for the quarter ended April 30, 1991.
 For the nine months ended April 30, 1992, the company reported net sales of $31,168,000, net income before imputed dividends on preferred stock of $1,265,000 and net income attributable to common stock of $616,000 or 27 cents per share, as compared with net sales of $27,340,000, a net loss before imputed dividends on preferred stock of $303,000 and a net loss attributable to common stock of $535,000 or 34 cents per share for the nine months ended April 30, 1991.
 Cantel Industries, Inc. is engaged in the marketing and distribution of scientific products and consumer products in Canada and office seating products in the United States and Canada. Cantel also provides servicing of the products it distributes.
 CANTEL INDUSTRIES, INC.
 Summary of Results
 Three months ended April 30 1992 1991
 Net sales $10,632,000 $8,540,000
 Net income 474,000 325,000
 Net income attributable
 to common stock 245,000 133,000
 Income per common share $.11 $.07
 Average number of shares 2,317,880 1,864,199
 Nine months ended April 30: 1992 1991
 Net sales $31,168,000 $27,340,000
 Net income (loss) 1,265,000 (303,000)
 Net income (loss) attributable
 to common stock 616,000 (535,000)
 Income per common share $.27 $.34
 Average number of shares 2,279,999 1,585,934
 -0- 6/11/92
 /CONTACT: James P. Reilly, president of Cantel Industries, 201-227-6500/ CO: Cantel Industries Inc. ST: New Jersey IN: SU: ERN


TS-SM -- NY044 -- 9208 06/11/92 11:38 EDT
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Date:Jun 11, 1992
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