MEDICAL STERILIZATION REPORTS RESULTS
MEDICAL STERILIZATION REPORTS RESULTS SYOSSET, N.Y., April 23 /PRNewswire/ -- Medical Sterilization Inc.
(NASDAQ: MSTI) today announced its first quarter financial results for the period ended March 31, 1992. The first quarter of 1992 compared to the first quarter of 1991 reflects an approximate 15 percent increase in revenues. Profit for the first quarter of 1992 was $33,445, compared favorably to a loss of $184,474 in the same period in 1991, for a swing of more than $200,000.
MEDICAL STERILIZATION INC. (Unaudited) Three months ended March 31 1992 1991 Revenue $2,006,488 $1,740,544 Net profit (loss) $33,445 $(184,474) Average shares outstanding 2,843,829 2,814,662 Net loss per share (see note) ($.0l) $(.09) NOTE: Net loss per share of common stock is based on the weighted average number of shares of common stock outstanding during the period and the net profit (loss) after adjustment for undeclared dividends on preferred stock. Although the accrued dividends on preferred stock are disclosed, these dividends will only be paid in the event of liquidation or redemption. -0- 4/23/92 /CONTACT: J. Sharpe, treasurer of Medical Sterilization Inc., 516- 496-8822/ (MSTI) CO: Medical Sterlization Inc. ST: New York IN: HEA SU: ERN
KD-HM -- NY075 -- 1850 04/23/92 11:50 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Apr 23, 1992|
|Previous Article:||GENERAL SIGNAL DECLARES REGULAR DIVIDEND|
|Next Article:||FDA ISSUES NORVASC APPROVABLE LETTER, INCREASED R&D SPENDING EVIDENCE OF LONG-TERM PERSPECTIVE, PFIZER CHAIRMAN & CEO TELLS SHAREHOLDERS|