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LUXTEC CORPORATION ANNOUNCES RESULTS OF THE THIRD QUARTER ENDED JULY 31

LUXTEC CORPORATION ANNOUNCES RESULTS OF THE THIRD QUARTER ENDED JULY 31
 WORCESTER, Mass., Aug. 17 /PRNewswire/ -- Luxtec Corporation (NASDAQ: LUXTD) announced today that sales for the third quarter ended July 31, 1992, were $1,604,944, 14.3 percent higher than the $1,404,230 reported for the same period of the prior year. Net profit was $121,765, $0.0869 per share, compared to a profit of $114,880, $0.0820 per share, for the same period of the prior year. For the six month period ended July 31, 1992, sales were $4,385,028, a 9.2 percent increase on the $4,016, 347 reported for the same period of the prior year. Net profit was $315,476, $0.2251 per share, compared to $305,361, $0.2179 per share, for the same period of the prior year.
 "The increase in sales reflects the demand in the surgical field for lighting systems providing white light for use where accurate tissue differentiation is crucial. The corporation is prominent in the use of xenon lighting systems to satisfy this growing market segment," comments Bernard Clark, Luxtec chief executive officer. "The corporation has been initiating expenditures in research and development and in innovative marketing programs designed toward the achievement of longer range revenue and profit objectives."
 LUXTEC CORPORATION
 Financial Results
 Three Months Ended Nine Months Ended
 July 31, July 31,
 1992 1991 1992 1991
 Net sales $1,604,944 $1,404,230 $4,385,028 $4,016,347
 Net profit $121,765 $114,880 $315,476 $305,361
 Net profit
 per share $0.0869 $0.0820 $0.2251 $0.2179
 Outstanding
 shares 1,401,200 1,401,200 1,401,200 1,401,200
 -0- 8/17/92
 /CONTACT: Joseph Campbell of Luxtec Corporation, 508-856-9454/
 (LUXTD) CO: Luxtec Corporation ST: Massachusetts IN: MTC SU: ERN


CH -- NE004 -- 0386 08/17/92 09:34 EDT
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Publication:PR Newswire
Date:Aug 17, 1992
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