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LIFETIME PRODUCTS, INC. ANNOUNCES THIRD QUARTER EARNINGS

 DALLAS, May 20 /PRNewswire/ -- Lifetime Products, Inc. (AMEX: LPI) today reported net earnings of $39,232 or $0.01 per share on sales of $6,838,465 for the three months ended March 31, 1993. The company reported a net loss of $3,539,338 or $0.88 per share on sales of $1,875,609 for the first quarter of 1992.
 Comparative first quarter information follows:
 LIFETIME PRODUCTS INC.
 Three Months Ended March 31, 1993 1992
 Net sales $ 6,838,465 $ 1,875,609
 Earnings (loss) from continuing
 operations 39,232 $(3,539,338)
 Earnings (loss) per common share,
 primary: $ 0.01 $ (0.88)
 Earnings (loss) per common share,
 assuming full dilution $ 0.01 $ (0.88)
 Weighted average number of common shares
 and common stock equivalents outstanding:
 Primary 4,241,732 4,031,732
 Assuming full dilution 4,241,732 4,031,732
 NOTE: Lifetime Products, Inc. is a Dallas, based manufacturer of premium consumer products including TRIPLEDGE(R) Lifetime Wipers.
 -0- 5/20/93
 /CONTACT: Don Rutledge, chief financial officer of Lifetime Products, Inc., 214-980-2886/
 (LPI)


CO: Lifetime Products, Inc. ST: Texas IN: HOU SU: ERN

LD -- NY115 -- 1005 05/20/93 18:08 EDT
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Publication:PR Newswire
Date:May 20, 1993
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