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DIANON SYSTEMS, INC. REPORTS 36TH CONSECUTIVE INCREASE IN QUARTERLY SALES

 DIANON SYSTEMS, INC. REPORTS 36TH CONSECUTIVE INCREASE IN
 QUARTERLY SALES
 LONDON, Nov. 4 /PRNewswire/ -- Dianon Systems, Inc. (NASDAQ-NMS: DIAN) today reported record sales for the third quarter ended Sept. 30, 1992. Speaking at the CS First Boston Group, Inc. International Health Care Conference in London, Richard Sandberg, chairman of the board and co-chief executive officer, reported that sales for the third quarter were $8,680,000, which represents a slight increase from the second quarter of 1992 and a 26.5 percent increase from the same quarter of the prior year.
 In addition, Mr. Sandberg provided more detailed estimates of the previously announced one-time charge for operating losses and restructuring costs from international operations. He indicated that such one-time charge would be approximately $2 million in the third quarter and reiterated that management expected no additional losses from European operations in future quarters. He also said that domestic operations continue to make good progress but declined to provide any specific financial data until complete financial results are announced next week.
 -0- 11/4/92
 /CONTACT: John P. Davis, president and co-chief executive officer of Dianon Systems, 203-381-4033/
 (DIAN) CO: Dianon Systems, Inc. ST: Connecticut IN: MTC SU:


TS-SH -- NY006 -- 2325 11/04/92 09:01 EST
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Publication:PR Newswire
Date:Nov 4, 1992
Words:206
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