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COMPUTER DEVICES, INC. 1992 FIRST QUARTER REPORT

 COMPUTER DEVICES, INC. 1992 FIRST QUARTER REPORT
 NUTTING LAKE, Mass., Apr. 17 /PRNewswire/ -- Computer Devices Inc.


reported losses of $29,000 for the quarter ended March 1992 versus losses of $136,000 for the quarter ended March 1991. Total revenues amounted to $806,000 in 1992 and $511,000 in 1991. Operating expenses during 1992 and 1991 include research and development expenses of $25,000 and $72,000 which were directly related to the operations of Neuro-Therapeutics, Inc., a development stage company, acquired in January 1989.
 COMPUTER DEVICES, INC. AND SUBSIDIARY
 Comparative Consolidated Summary of Income
 (000's Omitted except for per share amounts)
 Three Months Ended
 March 1992 March 1991
 Revenues $ 806 $511
 Cost of revenues 627 320
 Gross margin 179 191
 Operating expenses 232 360
 Operating loss (53) (169)
 Interest & other income 24 33
 Net loss (29) (136)
 Net loss per share 1 cent 4 cents
 Average number of common &
 common equivalent shares
 outstanding 3,353 3,350
 -0- 4/17/92
 /CONTACT: Eb Rau of Computer Devices, 508-663-4980/ CO: Computer Devices, Inc. ST: Massachusetts IN: CPR SU: ERN


dh -- NE001 -- 9699 04/17/92 13:53 EDT
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Publication:PR Newswire
Date:Apr 17, 1992
Words:189
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