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INAMED REPORTS RECORD SECOND QUARTER AND SIX-MONTH SALES AND PROFITS

INAMED REPORTS RECORD SECOND QUARTER AND SIX-MONTH SALES AND PROFITS
 SANTA BARBARA, Calif., Aug. 17 /PRNewswire/ -- INAMED Corp. (NASDAQ: IMDC), headquartered here, today reported record net income of $1,241,374, or $.15 per share, on record sales of $21,435,315 for the second quarter ended June 30, 1992, as compared to net income of $729,805, or $.09 per share, on sales of $12,289,521 in the like year-ago quarter.
 For the first six months of 1992, the company reported record net income of $2,248,748, or $.27 per share, a 160 percent improvement on the net income of $863,503, or $.11 per share, recorded for the first half of last year. Record sales of $38,167,221 for the first six months of 1992 were a 74 percent improvement on sales of $21,940,021 recorded in the corresponding period of 1991.
 According to INAMED Chairman Donald K. McGhan, the pre-tax figures of $2,715,149 and $4,888,582 for the second quarter and first six months, respectively, represent the best operating results in the company's history. "The company's strong operating performance is a result of management's ability to respond to regulatory requirements and rapidly changing market demands and improved manufacturing and distribution capabilities in Europe which now contribute to our overall performance."
 INAMED Corp. is a medical device company with 14 operating subsidiaries in the United States and Europe. The company develops, manufactures and markets medical devices for the plastic and reconstructive, bariatric and general surgery markets. The company reported sales of more than $42.2 million for calendar/fiscal 1991.
 INAMED CORP.
 Earnings Recap
 Second Quarter Six Months
 Ended June 30, Ended June 30,
 1992 1991 1992 1991
 Sales $21,435,315 $12,289,521 $38,167,221 $21,940,021
 Income before
 tax 2,715,149 1,468,842 4,888,582 1,877,180
 Net income 1,241,374 729,805 2,248,748 863,503
 Profit per share $.15 $.09 $.27 $.11
 Weighted average
 shares
 outstanding 8,202,453 8,058,411 8,202,453 8,024,537
 -0- 8/17/92
 /CONTACT: Michael D. Farney, CEO of INAMED, 805-684-6277; or Jimmy Caplan of Market Makers, 805-569-0076, for INAMED/
 (IMDC) CO: INAMED Corp. ST: California IN: MTC SU: ERN


LS-KJ -- LA008 -- 0374 08/17/92 09:11 EDT
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Publication:PR Newswire
Date:Aug 17, 1992
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