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HADRON, INC., ANNOUNCES FIRST QUARTER FINANCIAL RESULTS

 FAIRFAX, Va., Nov. 16 ~PRNewswire~ -- Hadron, Inc. (NASDAQ: HDRN) today announced revenues of $5.1 million for the three months ended Sept. 30, 1992, compared to $8.1 million for the same period last year. Hadron reported a net loss of $521,098, or a $0.04 cents per share loss, for the current quarter, compared to net income of $81,327, or $0.006 cents per share, for the quarter ended Sept. 30, 1991.
 Hadron had previously announced its expectation of a loss in the first quarter. It is currently anticipated that second quarter revenues will exceed those realized in the first quarter, but will not equal those reported in the comparable period last year. The company expects to achieve minimal profitability during the second quarter, if revenues increase and costs are contained as anticipated.
 The decrease in revenues and the resulting lack of profitability in the current quarter was primarily due to reduced revenues in the defense and litigation support areas. In anticipation of lower contract revenues from the Department of Defense and related engineering service revenues, Hadron has increased its marketing efforts targeted at civilian government agencies and the private sector. However, an overall lengthening of the contract procurement cycle has slowed the award process for such new contracts to the company. In the defense area, Hadron's first quarter revenues fell by approximately $1.8 million. During the first quarter, changes in the activity levels of various contracts in the litigation support area resulted in decreased revenues of approximately $1.3 million.
 HADRON, INC.
 Selected Financial Data
 (unaudited)
 Three Months Ended
 Sept. 30,
 1992 1991
 Total Revenues $5,077,444 $8,122,633
 Net Income (Loss) (521,098) 81,327
 Net Income (Loss)
 Per Share $ (0.035) $ 0.006
 Weighted Average
 Number of Shares 14,713,582 14,558,093
 Hadron, Inc., provides businesses and the government with expert technical services, systems integration and product development in fields including computer-based litigation support, custom software development and computer-based training and instructional technology.
 -0- 11~16~92
 ~CONTACT: Amber Gordon, vice president, corporate relations, Hadron, Inc., 703-359-6404~
 (HDRN)


CO: Hadron, Inc. ST: Virginia IN: CPR SU: ERN

KD -- DC028 -- 1487 11~16~92 16:54 EST
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Date:Nov 16, 1992
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