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LARSON-DAVIS ANNOUNCES YEAR-END RESULTS; PROFITS UP 266 PERCENT OVER LAST YEAR

 LARSON-DAVIS ANNOUNCES YEAR-END RESULTS;
 PROFITS UP 266 PERCENT OVER LAST YEAR
 PROVO, Utah, Sept. 16 /PRNewswire/ -- Larson-Davis Incorporated (NASDAQ: LDII) today announced results for the fiscal year ended June 30, 1992.
 Larson-Davis announced estimated net profits of $226,566 on revenues of $7,269,149 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 266 percent increase in net profits.
 The following is selected financial information for the fiscal years ended June 30, 1992 and 1991. The information for June 30, 1992 is preliminary and subject to final audit adjustments:
 LARSON-DAVIS INC.
 Excerpts from the Balance Sheet
 Periods Ended June 30 1992 1991
 Total Current Assets $5,009,855 $4,256,911
 Total Assets 10,478,085 9,316,715
 Total Current Liabilities 3,022,677 2,433,875
 Total Liabilities 4,151,076 3,509,642
 Excerpts from the Statement of Operations
 Periods Ended June 30 1992 1991
 Revenues, net $7,296,149 $6,052,499
 Net Income 226,566 85,086
 Net Income Per Common Share $.04 $.02
 -0- 9/16/92
 /CONTACT: Dan J. Johnson of Larson-Davis, 801-375-0177/
 (LDII) CO: Larson-Davis Inc. ST: Utah IN: MTC SU: ERN


LD-TM -- NY005 -- 9927 09/16/92 08:00 EDT
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Publication:PR Newswire
Date:Sep 16, 1992
Words:230
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