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PERMA-FIX ENVIRONMENTAL SERVICES, INC. ANNOUNCES THIRD QUARTER RESULTS

 ATLANTA, Nov. 18 /PRNewswire/ -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) announced today that for its third quarter ended Sept. 30, gross revenue increased to $2,845,191 from $1,668,403 for the corresponding period in 1992.
 The net loss for the period ended Sept. 30 was $(464,287) or $(.12) per share as compared to a net loss of $(446,140) or $(.20) per share for the corresponding period in 1992. The third quarter financial data includes the acquisition of Residual Technologies, Inc., a hazardous waste treatment and storage facility located in Tulsa, Okla.
 Dr. Louis F. Centofanti, president of the company, stated that: "Revenues for the third quarter of 1993 grew substantially in all areas. Losses for the third quarter of 1993 include operating losses for newly opened mobile treatment facilities and aggressive expansion companywide."
 Perma-Fix Environmental Services, Inc. provides environmental engineering and hazardous waste treatment and reclamation services.
 PERMA-FIX ENVIRONMENTAL SERVICES, INC.
 Three-Month Period Ending Sept. 30
 1993 1992
 Revenue $2,845,191 $1,668,403
 Income (loss) (464,287) (446,140)
 Weighted average shares 3,937,486 2,271,919
 Net loss/share $ (.12) $ (.20)
 -0- 11/18/93
 /CONTACT: Priscilla Price of Perma-Fix Environmental Services, 404-847-9990/
 (PESI)


CO: Perma-Fix Environmental Services, Inc. ST: Georgia IN: ENV SU: ERN

BN-BR -- AT008 -- 6207 11/18/93 16:18 EST
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Publication:PR Newswire
Date:Nov 18, 1993
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