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INTERPHASE CORPORATION REPORTS RESULTS

 DALLAS, Feb. 18 /PRNewswire/ -- Interphase Corporation (NASDAQ-NMS: INPH) today announced revenues of $11,116,000 for the first quarter of fiscal 1993, ending Jan. 31. Revenues were up from $9,266,000 reported for the first quarter last year, but down from the previous quarter.
 The company reported a net profit of $306,000 or $.07 per share for the quarter, as compared to a net profit of $86,000 or $.02 per share for the first quarter of fiscal 1992, and a net profit of $464,000 or $.10 per share for the fourth quarter 1992.
 "Although revenues and the resulting net income are slightly lower than expected, the expense line is right on target," said Michael E. Cope, Interphase president and CEO. "Significantly improved Q1 numbers, compared to Q1 of last year, position us well for growth through fiscal 1993."
 Interphase Corporation, based in Dallas, is a leading supplier of high performance networking and mass storage controllers for open systems. The company sells to computer OEMs, Value Added Resellers, and end users through a worldwide sales network.
 INTERPHASE CORPORATION
 Condensed Consolidated Statements of Income
 Three months ended Jan. 31, 1993 1992
 Revenues $11,116,000 $ 9,266,000
 Net Income 306,000 86,000
 Earnings Per Share .07 .02
 Weighted Average
 Shares Outstanding 4,568,000 4,591,000
 -0- 2/18/93
 /CONTACT: Robert L. Drury, vice president - finance and CFO of Interphase Corporation, 214-919-9000/
 (INPH)


CO: Interphase Corporation ST: Texas IN: CPR SU: ERN

SH -- NY022 -- 7755 02/18/93 09:58 EST
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Publication:PR Newswire
Date:Feb 18, 1993
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