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NORTHWEST TELEPRODUCTIONS ANNOUNCES FIRST QUARTER SALES AND EARNINGS

 MINNEAPOLIS, July 29 /PRNewswire/ -- Northwest Teleproductions, Inc. (NASDAQ-NMS: NWTL) announces first quarter sales of $3,514,884 and net earnings of $234,553 or $.14 per share for the quarter ended June 30, 1993. Comparative operating results for the same period of the prior year were sales of $3,750,758 and net earnings of $236,652 or $.14 per share.
 Robert Mitchell, president, commented that first quarter results reflect improved production demand company-wide and the benefit of continued cost management efforts.
 Northwest Teleproductions, Inc. is a full-service videotape and film production company with facilities located in Minneapolis, Dallas and Chicago.
 NORTHWEST TELEPRODUCTIONS
 RESULTS OF OPERATIONS
 Three Months Ended
 6/30/93 6/30/92
 Net sales $3,514,884 $3,750,758
 Cost and expenses:
 Cost of products and services sold 2,429,381 2,516,842
 Selling, general and administrative 621,845 721,739
 Interest 86,540 123,338
 -- 3,137,766 3,361,919
 -- 377,118 388,839
 Other income 11,435 5,813
 Earnings before taxes on income 388,553 394,652
 Taxes on income 154,000 158,000
 Net earnings $234,553 $236,652
 Net earnings per share $.14 $.14
 -0- 7/29/93
 /CONTACT: Jim Steffen of Northwest Teleproductions, 612-835-4455/
 (NWTL)


CO: Northwest Teleproductions ST: Minnesota IN: TLS SU: ERN

KH -- MN009 -- 7185 07/29/93 10:00 EDT
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Publication:PR Newswire
Date:Jul 29, 1993
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