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MERRIMAC INDUSTRIES REPORTS FIRST QUARTER RESULTS

 MERRIMAC INDUSTRIES REPORTS FIRST QUARTER RESULTS
 WEST CALDWELL, N.J., April 21 /PRNewswire/ -- Merrimac Industries,


Inc., (AMEX: MRM) announced today its first quarter results for 1992. When compared to the same period in 1991, net sales rose 1.2 percent and produced a 1.8 percent increase in net income before taxes. The net income per share rose 27.3 percent, in part due to the reduction of outstanding shares following the company's repurchase of shares in 1991 and early 1992.
 Merrimac Industries, Inc., is located in West Caldwell, N.J. where it employs 120 persons in the manufacture of high performance components for communications, defense and aerospace. In year end results for 1991, Merrimac reported a net income of $1,211,492 from revenues of $12,956,188.
 -0- 4/21/92
 /CONTACT: Paul Terranova of Merrimac Industries, 201-575-1300/
 (MRM) CO: Merrimac Industries, Inc. ST: New Jersey IN: ARO SU: ERN


TQ-OS -- NY019 -- 0419 04/21/92 09:16 EDT
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Publication:PR Newswire
Date:Apr 21, 1992
Words:161
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