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ENVIRONMENTAL TECTONICS CORPORATION REPORTS THIRD QUARTER RESULTS

 SOUTHAMPTON, Pa., Jan. 12 /PRNewswire/ -- Environmental Tectonics Corporation (AMEX: ETC) today reported its financial results for the third quarter and nine months ended Nov. 27, 1992.
 Sales for the third quarter ended Nov. 27 were $5,611,904 compared to $6,410,411 for the same period last fiscal year. Net income totalled $223,419 or $.07 per share compared to $450,884 or $.16 per share in the comparable prior year period.
 Sales in the first nine months of fiscal 1993 were $17,263,849 compared to $20,490,406 in the nine months ended Nov. 22, 1991. A net income of $154,924 or $.05 per share resulted which compared to $1,151,239 or $.40 per share in the first nine months of fiscal 1992.
 "Our third quarter performance extended the trend of improved earnings for each period this fiscal year," commented William F. Mitchell, president. "The outlook for the remainder of the 1993 fiscal year is for continued profitable operations."
 Backlog at Nov. 27, 1992, totalled approximately $15.4 million.
 ENVIRONMENTAL TECTONICS CORPORATION
 (In thousands, except per-share data)
 Periods ended Three months Nine months
 11/27/92 11/22/91 11/27/92 11/22/91
 Sales $5,612 $6,410 $17,264 $20,490
 Pretax income 384 778 267 1,985
 Income taxes 161 327 112 834
 Net income 223 451 155 1,151
 Per share $.07 $.16 $.05 $.40
 Average shares 2,860 2,906 2,860 2,906
 ETC designs, manufactures and installs sterilization equipment, hyperbaric systems, aircrew training systems, environmental testing and simulation systems, and related products for domestic and international customers. ETC is listed on the AMEX and traded under the stock symbol "ETC."
 /delval/
 -0- 1/12/93
 /CONTACT: John F. Schoenfelder, CFO of Environmental Tectonics, 215-355-9100/
 (ETC)


CO: Environmental Tectonics Corporation ST: Pennsylvania IN: SU: ERN

MJ-MK -- PH009 -- 3959 01/12/93 11:05 EST
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Publication:PR Newswire
Date:Jan 12, 1993
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