Printer Friendly

MOREHOUSE INDUSTRIES REPORTS RESULTS

 FULLERTON, Calif., June 18 /PRNewswire/ -- Morehouse Industries Inc. (NASDAQ Small Cap: MIXS) reports income of $149,000 or $.04 per share, on sales of $2,233,000 for the three months ended May 31, 1993, vs. income of $178,000 or $.04 per share, on sales of $1,959,000 for the three months ended May 31, 1992.
 For the nine months ended May 31, 1993, Morehouse reports income of $501,000 or $.13 per share, on sales of $6,902,000 vs. income of $402,000 or $.10 per share, on sales of $5,178,000 for the nine months ended May 31, 1992.
 MOREHOUSE INDUSTRIES INC.
 Three Months Ended Nine Months Ended
 May 31, May 31, May 31, May 31,
 1993 1992 1993 1992
 Net sales $2,233,000 $1,959,000 $6,902,000 $5,178,000
 Net income
 before
 extraordinary
 item 104,000 127,000 352,000 292,000
 Extraordinary item
 tax benefit of NOL 45,000 51,000 149,000 110,000
 Net income 149,000 178,000 501,000 402,000
 Net income before
 extraordinary item
 per share $0.03 $0.03 $0.09 $0.07
 Net income per share 0.04 0.04 0.13 0.10
 Morehouse Industries is actively seeking other acquisitions to accelerate the company's growth.
 Morehouse is a manufacturer of proprietary industrial equipment and engineered products.
 -0- 6/18/93
 /CONTACT: Jim Swartwout of Morehouse Industries, 714-738-5000 or (fax) 714-738-5960/
 (MIXS)


CO: Morehouse Industries Inc. ST: California IN: SU: ERN

MF-LS -- LA006 -- 3587 06/18/93 12:59 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 18, 1993
Words:260
Previous Article:AIM 85 DECLARES MONTHLY DISTRIBUTION FOR JUNE OF 10 CENTS
Next Article:WEBSTER FINANCIAL TO OFFER 8 3/4 PERCENT SENIOR NOTES DUE 2000
Topics:


Related Articles
MOREHOUSE INDUSTRIES INC. ANNOUNCES THE ACQUISITION OF GST INDUSTRIES INC.
MOREHOUSE INDUSTRIES REPORTS EARNINGS
MOREHOUSE INDUSTRIES REPORTS EARNINGS
MOREHOUSE INDUSTRIES REPORTS RESULTS
MOREHOUSE ANNOUNCES PROPOSED ACQUISITION
MOREHOUSE INDUSTRIES RELEASES EARNINGS
SUMMA INDUSTRIES ANNOUNCES FIRST QUARTER EARNINGS
SUMMA INDUSTRIES ANNOUNCES FIRST QUARTER EARNINGS
SUMMA INDUSTRIES EARNS $.10 PER SHARE FROM CONTINUING OPERATIONS
SUMMA INDUSTRIES 3RD QUARTER EARNINGS FROM CONTINUING OPERATIONS INCREASE 11%

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters