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INDUSTRIAL SCIENTIFIC CORPORATION ANNOUNCES THIRD QUARTER EARNINGS

 PITTSBURGH, Nov. 17 /PRNewswire/ -- Industrial Scientific Corporation (NASDAQ-NMS: ISCX) today reported results for the third fiscal quarter ended Oct. 30, 1993.
 Net income for the period was $1,337,000 ($0.40 per share) on net sales of $8,742,000. These results compare with net income of $835,000 ($0.28 per share) on net sales of $6,510,000 in the third fiscal quarter last year.
 For the nine months ended Oct. 30, 1993, Industrial Scientific reported net income of $3,293,000 ($1.04 per share) on net sales of $23,076,000. This compares to net income of $2,048,000 ($0.68 per share) on net sales of $18,133,000 for the same period a year ago.
 Headquartered in Oakdale, Pa., Industrial Scientific Corporation designs, manufacturers and markets portable instruments for detecting, measuring and monitoring a wide variety of gases, including toxic and combustible gases and oxygen, to protect and preserve human life.
 INDUSTRIAL SCIENTIFIC CORPORATION AND SUBSIDIARIES
 Condensed Statement of Operations
 (Unaudited)
 (In Thousands, except per share amounts)
 Period Ended Three Months Nine Months
 10/30/93 10/31/92 10/30/93 10/31/92
 Net Sales $8,742 $6,510 $23,076 $18,133
 Gross Profit 4,756 3,380 12,534 9,241
 Operating Profit 2,157 1,398 5,373 3,432
 Net Income 1,337 835 3,293 2,048
 Earnings Per Share $0.40 $0.28 $1.04 $0.68
 Weighted Average Shares
 of Common Stock and
 Equivalents 3,387 3,000 3,173 3,000
 -0- 11/17/93
 /CONTACT: James P. Hart, treasurer and corporate controller, of Industrial Scientific, 412-788-4353/
 (ISCX)


CO: Industrial Scientific Corporation ST: Pennsylvania IN: SU: ERN

KC-CD -- PG005 -- 5498 11/17/93 12:26 EST
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Publication:PR Newswire
Date:Nov 17, 1993
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