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MEDGROUP INC. ANNOUNCES THIRD QUARTER EARNINGS

 ENCINO, Calif., April 12 /PRNewswire/ -- MedGroup Inc. (NASDAQ: MDGP) has filed a 10Q for the quarter ended Dec. 31, 1992. Results of operations for this period as compared to the same period in fiscal 1991-92 are set forth in the table below.
 MEDGROUP INC.
 Nine Months Ended
 Dec. 31,
 1992 1991
 Gross sales $3,988,329 $5,646,943
 Gross profit 1,687,542 2,701,447
 Net loss (224,933) (164,020)
 Loss per share (.025) (.01)
 MedGroup operates physical, speech and occupational therapy centers in California and Arizona.
 -0- 4/12/93
 /CONTACT: Robert McGuire, 818-783-6035, or James Stone, 602-345-7721, both of MedGroup/
 (MDGP)


CO: MedGroup Inc. ST: California IN: HEA SU: ERN

EH-KJ -- LA025 -- 4790 04/12/93 13:08 EDT
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Publication:PR Newswire
Date:Apr 12, 1993
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