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NYTEST ENVIRONMENTAL ANNOUNCES THIRD QUARTER RESULTS

 NYTEST ENVIRONMENTAL ANNOUNCES THIRD QUARTER RESULTS
 PORT WASHINGTON, N.Y., Nov. 8 /PRNewswire/ -- Nytest Environmental,


Inc. (NASDAQ: NYTS), today announced its results for the nine months ended Sept. 30, 1991, with revenues of $5,107,891, an increase of 8 percent as compared to the nine months ended Sept. 30, 1990.
 Nytest is engaged in the business of providing specialized analytical services directed at the accurate measurements of hazardous waste.
 NYTEST ENVIRONMENTAL INC.
 Period ended Three Months Nine Months
 Sept. 30 1991 1990 1991 1990
 Revenue $1,835,203 $1,754,226 $5,107,891 $4,710,587
 Income before
 income taxes 226,026 180,527 535,135 435,255
 Provision for
 income taxes 102,500 72,425 200,000 182,700
 Net income before
 extraord. credit 123,526 108,102 335,135 252,555
 Extraord. credit (A) -- 18,100 -- 87,500
 Net income $ 123,526 $ 126,202 $ 335,135 $ 340,055
 Earnings per share
 before extraord.
 credit (A) $.02 $.02 $.06 $.04
 Earnings per share $.02 $.02 $.06 $.06
 Weighted average
 shares outstanding 6,306,556 5,929,283 5,922,398 5,929,283
 (A) -- Income tax benefit from utilization of loss carry-forward.
 -0- 11/8/91
 /CONTACT: John Gaspari, president of Nytest Environmental, 516-625-5500/
 (NYTS) CO: Nytest Environmental, Inc. ST: New York IN: SU: ERN GK-OS -- NY048 -- 2666 11/08/91 15:23 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 8, 1991
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