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METRO TEL REPORTS IMPROVED FIRST QUARTER RESULTS

 METRO TEL REPORTS IMPROVED FIRST QUARTER RESULTS
 JERICHO, N.Y., Oct. 26 /PRNewswire/ -- Operating more efficiently


and coupled with an improved economy, Metro Tel Corp. (NASDAQ: MTRO) today reported an increase in revenues and a profitable first quarter.
 For the quarter, the company reported sales of $1,224,581 and net earnings of $61,171 or 3 cents per share compared with sales of $966,753 and a net loss of $38,722 or 2 cents per share for the first quarter of last year.
 V.J. Indelicato, president of Metro Tel, a manufacturer of telephone test and peripheral equipment, described the quarter as a continuing trend of improvement which began in January 1992. This trend is expected to continue as the economy emerges from its recession. He also stated that the company was reaping the benefits of its past restructuring into a more efficient operation.
 METRO TEL CORP.
 Three months ended Sept. 30 1992 1991
 Sales $1,224,581 $966,753
 Earnings (loss) before income taxes 101,952 (64,537)
 Provisions (credit) for income taxes 40,781 (25,815)
 Net earnings (loss) 61,171 (38,722)
 Net earnings (loss) per common share $.03 $(.02)
 Weighted average shares outstanding 2,004,046 2,004,046
 -0- 10/26/92
 /CONTACT: V.J. Indelicato, president of Metro Tel, 516-937-3420/
 (MTRO) CO: Metro Tel Corp. ST: New York IN: TLS SU: ERN


PS-CK -- NY041 -- 4682 10/26/92 10:41 EST
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Publication:PR Newswire
Date:Oct 26, 1992
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