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DATA TRANSMISSION NETWORK REPORTS RECORD REVENUES AND CASH FLOW

 DATA TRANSMISSION NETWORK REPORTS RECORD REVENUES AND CASH FLOW
 OMAHA, Neb., Jan. 30 /PRNewswire/ -- Data Transmission Network Corporation (NASDAQ: DTLN) announced today record revenues, operating cash flow (operating income before depreciation and amortization expenses) and pretax income for both the fourth quarter and fiscal year ended Dec. 31, 1991.
 Revenues for the fourth quarter of 1991 increased 19 percent to $5,825,000 compared to $4,811,000 in the fourth quarter of 1990. For the fiscal year 1991, revenues increased 20 percent to $21,465,000, up from $17,953,000 in 1990. The revenue increases are generally attributable to a 19 percent increase in the company's subscriber base to 63,300 at Dec. 31, 1991, compared to 53,300 a year earlier.
 Operating cash flow increased 23 percent to $2,326,000 in the fourth quarter of 1991 compared to $1,891,000 in th ?fourth quarter of 1990. For the year, operating cash flow increased 22 percent to $8,193,000 in 1991 compared to $6,692,000 in 1990.
 For the fourth quarter of 1991, pretax income was $501,000, an increase of 8 percent over the $465,000 of pretax income in the fourth quarter of 1990. Pretax income in 1991 was up 5 percent to $1,476,000, compared to $1,401,000 in 1990. Pretax results in 1991 were held down by the delay in generating meaningful revenues from the new DTNergy service, while at the same time incurring a full depreciation charge for the related subscriber equipment and incurring start-up costs higher than expected.
 The company attributed the record operating cash flow results to continued growth in subscribers as well as improved operating margins due to the higher base of subscribers covering the company's fixed costs to provide its electronic market information services.
 The company also announced that it is contemplating the early adoption of Statement of Financial Accounting Standards No. 109 "Accounting for Income Taxes" (SFAS 109), applied on a retroactive basis to the fiscal year ended Dec. 31, 1991. The issuance date for SFAS 109 is expected to be sometime during the latter half of February. Because the new SFAS 109 is expected to have a material positive impact on the company's provision for income taxes, the company is waiting until SFAS 109 is officially adopted before releasing its net income and earnings per share results for 1991.
 DATA TRANSMISSION NETWORK CORPORATION
 Financial Highlights
 Periods ended Quarter Year
 Dec. 31; 1991 1990 1991 1990
 Revenues $5,825,000 $4,881,000 $21,465,000 $17,953,000
 Operating cash flow 2,326,000 1,891,000 8,193,000 6,692,000
 Pretax income 501,000 465,000 1,476,000 1,401,000
 Operating cash flow as
 a percent of revenues 39.9 38.7 38.2 37.3
 Total subscribers 63,300 53,300
 -0- 1/30/92
 /CONTACT: Dean Giesselmann, CFO of DTN, 402-390-2328/
 (DTLN) CO: Data Transmission Network Corporation ST: Nebraska IN: PUB SU: ERN


CK-JT -- NY001A -- 5235 01/30/92 12:21 EST
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Publication:PR Newswire
Date:Jan 30, 1992
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