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NYTEST ENVIRONMENTAL INC. REPORTS FIRST QUARTER 1993 RESULTS

 PORT WASHINGTON, N.Y., May 12 /PRNewswire/ -- Nytest Environmental Inc. (NASDAQ: NYTS), a leading provider of specialized analytical services for the accurate measurement of hazardous waste, today reported results for the first quarter ended March 31, 1993.
 First quarter profits were $17,676 on revenues of $2,033,816, compared to $153,577 on revenues of $2,287,729 for the same period last year.
 First quarter revenues were impacted by an industry slowdown that also affected sales reported for the last quarter of 1992 and continues to affect sales in the beginning of the second quarter of 1993. Management is optimistic that public policies will continue to fuel demand for environmental testing services, and that the demand for the company's services will increase as economic conditions improve. Accordingly, management has emphasized cost containment, while maintaining the staff and marketing activities necessary for continued growth.
 NYTEST ENVIRONMENTAL INC.
 Financial Highlights (Unaudited)
 Three months ended March 31 1993 1992
 Revenues $2,033,816 $2,287,729
 Income before income taxes 30,392 264,059
 Provision for income taxes 12,716 110,482
 Net income 17,676 153,577
 Earnings per share -- .02
 Weighted average shares outstanding 6,894,352 6,941,061
 -0- 5/12/93
 /CONTACT: John Gaspari, president of Nytest Environmental Inc., 516-625-5500/
 (NYTS)


CO: Nytest Environmental Inc. ST: New York IN: ENV SU: ERN

LR-OS -- NY083 -- 7688 05/12/93 15:22 EDT
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Publication:PR Newswire
Date:May 12, 1993
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