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MICRO BIO-MEDICS REPORTS RECORD FISCAL FIRST QUARTER SALES AND NET INCOME

 MICRO BIO-MEDICS REPORTS RECORD FISCAL FIRST QUARTER
 SALES AND NET INCOME
 PELHAM MANOR, N.Y., April 8 /PRNewswire/ -- Micro Bio-Medics, Inc. (NASDAQ: MBMI), a leading supplier of physician, sports medicine and medical office supplies, today announced record sales and earnings for the first quarter ended Feb. 29, 1992.
 Sales increased 23 percent to $11,730,364 compared with $9,526,294 in the first quarter ended Feb. 28, 1991. Net income of $66,532, or 4 cents per share, in the current first quarter compares with $4,743 in the prior year.
 Bruce J. Haber, president and chief executive officer, said, "The increased profits in the first quarter represent a continuation of the trends which led to a profit in last year's like period which was the first profitable first quarter in the company's history. Concentrating our sales and marketing efforts on markets offering higher margins and less seasonal variation is producing positive results. The increased sales are due to greater penetration of our markets and a broadened geographic presence."
 MICRO BIO-MEDICS, INC. AND SUBSIDIARIES
 Three months ended 2/29/92 2/28/91
 Net sales $11,730,364 $9,526,294
 Income before income taxes 118,832 8,543
 Income tax provision 52,300 3,800
 Net income 66,532 4,743
 Earnings per common share $.04 --
 Number of shares used in computing
 earnings per common share 1,814,351 1,774,509
 -0- 4/8/92
 /CONTACT: Bruce J. Haber, president of Micro Bio-Medics, 914-738-8400/
 (MBMI) CO: Micro Bio-Medics Inc. ST: New York IN: HEA SU: ERN


AH-CK -- NY030 -- 6146 04/08/92 10:25 EDT
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Publication:PR Newswire
Date:Apr 8, 1992
Words:268
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