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CLASSIC MEDICAL GROUP, INC. REPORTS 1992 FIRST QUATER RESULTS

 CLASSIC MEDICAL GROUP, INC. REPORTS 1992 FIRST QUATER RESULTS
 MUSKEGO, Wis., Feb. 17 /PRNewswire/ -- Robert A. Macur, president of Classic Medical Group, Inc., today released fiscal 1992 first quarter financial results.
 Revenues for the quarter were $789,548 compared to $875,211 in the first quarter of 1991. Net income (loss) was ($30,654) or ($.009) per share, versus $11,819 or $.003 per share last year.
 Gross profit shows a decrease from 48 percent in 1991 to 46 percent in 1992.
 The decrease in profitability is primarily due to inventory write- offs and additional maintenance expense to increase productivity, says Robert Macur.
 Classic Medical Group, Inc. manufactures and distributes disposable medical electrodes for a broad variety of medical procedures.
 CLASSIC MEDICAL GROUP FIRST QUARTER RESULTS
 Periods ended
 Dec. 31 1992 1991
 Revenues $789,548 $875,211
 Net income (Loss) $(30,654) $ 11,819
 -0- 2/17/92
 /CONTACT: Robert Macur, president of Classic Medical Group 414-679-3100/ CO: Classic Medical Group, Inc. ST: Wisconsin IN: HEA SU: ERN


AH -- NY033 -- 9684 02/17/92 17:30 EST
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Publication:PR Newswire
Date:Feb 17, 1992
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