Printer Friendly

LARSON-DAVIS ANNOUNCES YEAR END RESULTS

 LARSON-DAVIS ANNOUNCES YEAR END RESULTS
 PROVO, Utah, Oct. 13 /PRNewswire/ -- Larson-Davis Inc.


(NASDAQ: LDII) today announced results for the fiscal year ended June 30, 1992.
 Larson-Davis announced final audited net profits of $331,175 on revenues of $7,290,884 for the year ended June 30, 1992, as compared to net profits of $85,086 on revenues of $6,052,499 for its year ended June 30, 1991. This represents a 20 percent increase in revenues with a corresponding 289 percent increase in net profits.
 The following is selected financial information for the fiscal years ended June 30, 1992 and 1991. This information should be read in conjunction with the company's report of form 10-K for the year ended June 30, 1992, which will be provided upon request:
 LARSON-DAVIS INC.
 Excerpts from the Balance Sheets
 June 30,
 1992 1991
 Total current assets $4,935,901 $4,256,911
 Total assets 10,385,117 9,316,715
 Total current liabilities 2,825,530 2,433,875
 Total Liabilities 3,917,847 3,509,642
 Excerpts from the Statements of Operations
 Year Ended
 June 30,
 1992 1991
 Revenues, net $7,290,884 $6,052,499
 Net income 331,175 85,086
 Average common shares
 outstanding 5,371,402 5,001,813
 Net income per common share $.06 $.02
 -0- 10/13/92
 /CONTACT: Dan J. Johnson of Larson-Davis, 801-375-0177/
 (LDII) CO: Larson-Davis Inc. ST: Utah IN: SU: ERN


BB -- DV001 -- 9105 10/13/92 08:00 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 13, 1992
Words:245
Previous Article:BUICK LESABRE WINS FAMILY CIRCLE'S 'DOMESTIC FAMILY CAR OF YEAR' AWARD
Next Article:HOLLAND AMERICA LINE-WESTOURS INC. MARKS FIFTH CONSECUTIVE RECORD SEASON IN ALASKA FOR 1992
Topics:


Related Articles
LARSON-DAVIS ANNOUNCES THIRD QUARTER RESULTS YEAR-TO-DATE PROFITS UP 43 PERCENT OVER LAST YEAR
INITIAL ACCEPTANCE OF LARSON-DAVIS ENVIRONMENTAL MONITORING INSTRUMENTATION EXCEEDS EXPECTATIONS
LARSON-DAVIS ANNOUNCES YEAR-END RESULTS; PROFITS UP 266 PERCENT OVER LAST YEAR
LARSON DAVIS INC. REPORTS THIRD QUARTER RESULTS
LARSON-DAVIS REPORTS YEAR-END FINANCIALS
LARSON-DAVIS RELEASES FIRST QUARTER FINANCIALS
Larson-Davis Incorporated Announces December 31, 1996 Results
Larson-Davis Incorporated Announces First Quarter 1997 Results
Larson-Davis Announces Sale of Acoustics Business for a Maximum Consideration of $8.5M.
Larson-Davis Incorporated Announces Year End 1998 Results.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters