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DBA SYSTEMS REPORTS THIRD QUARTER RESULTS

 DBA SYSTEMS REPORTS THIRD QUARTER RESULTS
 MELBOURNE, Fla., April 28 /PRNewswire/ -- DBA Systems, Inc.


(NASDAQ: DBAS) announced today that revenues for the three-month period ending March 31, 1992 were $9,924,000, up 16.9 percent from the $8,490,000 recorded in the comparable three-month period in the prior fiscal year. Operating income for the current three-month period was $888,000 or 8.9 percent of revenues during the current period as compared to $582,000 or 6.9 percent of revenues in the comparable quarter in the prior fiscal year. After deducting interest, other expenses and a tax provision, net income of $554,000 was recorded as compared to a net loss of $665,000 in the third quarter last year.
 For the nine months ended March 31, 1992, revenues were $28,772,000, up 13.6 percent from $25,331,000 reported in the prior year's comparable period. Operating income for the nine-month period ended March 31, 1992 was $2,453,000 or 8.5 percent of revenues compared to $1,957,000 or 7.7 percent of revenues reported in the prior year's nine-month period. Net income for the nine-month period was $1,525,000 compared to a net loss of $561,000 a year ago. Fully diluted earnings per share for the nine-month period were $.48 as compared to a loss of $.21 in the prior year.
 The backlog of business on uncompleted contracts as of March 31, 1992 was approximately $34,418,000, up 47.7 percent as compared to the June 30, 1991 balance of approximately $23,300,000
 DBA SYSTEMS, INC.
 Three Months Ended Nine Months Ended
 March 31, March 31,
 1992 1991 1992 1991
 Revenues $9,924,000 $8,490,000 $28,772,000 $25,331,000
 Operating
 Income 888,000 582,000 2,453,000 1,957,000
 Pretax Income
 (Loss) 584,000 (665,000) 1,555,000 (561,000)
 Net Income
 (Loss) $554,000 $(665,000) $1,525,000 $(561,000)
 Earnings (loss)
 per Share
 Primary $.19 $(.24) $.54 $(.21)
 Fully Diluted $.17 $(.24) $.48 $(.21)
 Primary Weighted
 Shares 2,773,000 2,751,000 2,771,000 2,714,000
 -0- 4/28/92
 /CONTACT: John L. Slack, chairman of the board, president and CEO of DBA Systems, Inc., 407-727-0660, ext. 2535/
 (DBAS) CO: DBA Systems, Inc. ST: Florida IN: ARO SU: ERN


AW-SS -- FL006 -- 3784 04/28/92 12:09 EDT
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Publication:PR Newswire
Date:Apr 28, 1992
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