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CNS, INC. REPORTS FIRST QUARTER RESULTS

 MINNEAPOLIS, April 21 /PRNewswire/ -- CNS, Inc. (NASDAQ: CNXS) of Minneapolis, today reported sales of $1,924,860 for the first quarter ended March 31, 1993 compared to $2,040,974 for the same period of 1992. The company reported a net loss of $163,648 or $.02 per share versus a net loss of $90,551 or $.02 per share for the comparable period of 1992.
 Daniel E. Cohen, M.D., chief executive officer, said that the company is continuing to feel the effects of the uncertainty regarding proposed changes in third party reimbursement for sleep testing in the United States. New reimbursement codes which are anticipated during the second quarter should positively affect sales and earnings for 1993.
 CNS, Inc. designs, manufactures and markets computer-based medical diagnostic devices used principally to test for sleep related disorders such as sleep apnea, insomnia and narcolepsy.
 CNS, INC.
 FINANCIAL HIGHLIGHTS
 (Unaudited)
 Three Months Ended
 3/31/93 3/31/92
 Sales $1,924,860 $2,040,974
 Net loss $(163,648) $(90,551)
 Net loss per common and common
 equivalent share $(.02) $(.02)
 Weighted average number of common
 and common equivalent shares
 outstanding 6,562,101 5,171,847
 -0- 4/21/93
 /CONTACT: Daniel E. Cohen, M.D., chief financial officer of CNS, 612-474-7600/
 (CNXS)


CO: CNS, Inc. ST: Minnesota IN: MTC SU: ERN

AL -- MN010 -- 8956 04/21/93 16:33 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:232
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