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COMMODORE ENVIRONMENTAL SERVICES, INC. ANNOUNCES THIRD QUARTER RESULTS

 NEW YORK, Nov. 10 /PRNewswire/ -- Commodore Environmental Services, Inc. (OTC) today announced results for the third quarter and nine months ended Sept. 30, 1993.
 For the three months ended Sept. 30, 1993, as compared to the three months ended Sept. 30, 1992, revenues increased from $220,000 to $231,000. The net loss for the three months ended Sept. 30, 1993, was $66,000 or less than 1 cent per share. The net loss for the three months ended Sept. 30, 1992, was $9,000 or less than 1 cent per share. The loss for the third quarter is primarily attributable to increased expenses related to the acquisition of A.L. Sandpiper and CFC Technologies, Inc.
 For the nine months ended Sept. 30, 1993, revenues were $769,000, as compared to $657,000 for the nine-month period ended Sept. 30, 1992, an increase of $112,000. The net loss was $63,000 or less than 1 cent per share and $34,000 or less than 1 cent per share for the nine months ended Sept. 30, 1993 and 1992, respectively. The increase in revenues is attributable to the change in estimate with regard to a collection of a note receivable.
 COMMODORE ENVIRONMENTAL SERVICES, INC.
 Condensed Statement of Operations
 (unaudited)
 Three months ended Sept. 30 1993 1992
 Net revenues $ 231,000 $ 220,000
 Net loss $ (66,000) $ (9,000)
 Net loss per share (A) (A)
 Weighted average number of
 shares outstanding 53,330,000 46,030,000
 Nine months ended Sept. 30 1993 1992
 Net revenues $ 769,000 $ 657,000
 Net loss $ (63,000) $ (34,000)
 Net loss per share (A) (A)
 Weighted average number of
 shares outstanding 52,113,000 46,030,000
 (A) -- Less than 1 cent per share.
 -0- 11/10/93
 /CONTACT: Andrew P. Oddi of Commodore Environmental Services, Inc., 212-308-5800/


CO: Commodore Environmental Services, Inc. ST: New York IN: ENV SU: ERN

GK-SH -- NY033 -- 2696 11/10/93 11:07 EST
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Publication:PR Newswire
Date:Nov 10, 1993
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