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LDB REPORTS RESULTS FOR FIRST QUARTER OF FISCAL 1992

 LDB REPORTS RESULTS FOR FIRST QUARTER OF FISCAL 1992
 KERRVILLE, Texas, Dec. 20 /PRNewswire/ -- LDB Corporation


(NASDAQ: LDBC) today reported operating results for the three months ended Oct. 31, 1991. Net loss for the quarter was $519,000 on revenues of $12,916,000 compared with a net loss of $4,609,000 on revenues of $16,551,000 for the three months ended Oct. 31, 1990.
 LDB CORPORATION
 Condensed Statements of (Loss)
 (In thousands except per share data)
 Three Months ended Oct. 31; 1991 1990
 Revenue $ 12,916 $ 16,551
 Loss before income taxes $ (513) $ (4,609)
 Provision for income taxes 6 --
 Net loss (519) (4,609)
 Net loss per common share $ (.28) $ (2.53)
 Weighted average shares
 outstanding 1,858,370 1,868,370
 -0- 12/20/91
 /CONTACT: Byron C. Smith of LDB, 512-257-2000/
 (LDBC) CO: LDB Corporation ST: Texas IN: LEI SU: ERN


JT -- NY039 -- 4359 12/20/91 12:08 EST
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Publication:PR Newswire
Date:Dec 20, 1991
Words:156
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