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DOTRONIX ANNOUNCES RESULTS

 NEW BRIGHTON, Minn., Sept. 24 /PRNewswire/ -- Dotronix, Inc. (NASDAQ-NMS: DOTX) today announced fiscal June 30, 1993 results.
 Revenues for the year were $17,347,968 down from $21,932,772 the year before. A loss was incurred of $360,228 or $.10 a share, compared with earnings of $550,231 or $.15 a share a year earlier.
 Fourth quarter revenues were $3,702,023 down from $5,996,293 for the same quarter a year earlier. The loss was $88,069 or $.02 a share, versus earnings of $90,601 or $.02 a share, for the same quarter a year ago.
 Dotronix, Inc. has facilities in Minnesota and Wisconsin and manufactures high resolution displays for medical imaging, airports, videowalls and other industrial applications. The company's common stock is traded over-the-counter under the NASDAQ symbol DOTX and is listed on the NASDAQ National Market System.
 DOTRONIX, INC.
 Condensed Consolidated Statement of Income
 (dollars in thousands except per share)
 Quarter Ended Year Ended
 6/30/93 6/30/92 6/30/93 6/30/92
 Revenues $3,702 $5,996 $17,348 $21,933
 Net earnings (loss) $(88) $90 $(360) $550
 Earnings (loss) per share $(.02) $.02 $(.10) $.15
 Weighted average shares
 outstanding 3,762 4,065 3,762 3,768
 BALANCE SHEET DATA
 (dollars in thousands)
 6/30/93 6/30/92
 Cash and equivalents $1,192 $687
 Current assets 7,797 10,342
 Working capital 5,585 5,818
 Total assets 10,727 13,828
 Long-term liabilities 853 1,282
 Stockholders' equity 7,662 8,022
 -0- 9/24/93
 /CONTACT: Warren White, vice president, finance, of Dotronix, 612-633-1742/
 (DOTX)


CO: Dotronix, Inc. ST: Minnesota IN: CPR SU: ERN

AL-DB -- MN008 -- 5360 09/24/93 11:00 EDT
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Publication:PR Newswire
Date:Sep 24, 1993
Words:288
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