Printer Friendly

PERSONAL DIAGNOSTICS REPORTS SHARP INCREASE IN NET INCOME TO $467,000 ($.09 PER SHARE) IN THIRD FISCAL QUARTER

 PERSONAL DIAGNOSTICS REPORTS SHARP INCREASE IN NET INCOME
 TO $467,000 ($.09 PER SHARE) IN THIRD FISCAL QUARTER
 MOUNTAIN LAKES, N.J., Aug. 5 /PRNewswire/ -- Personal Diagnostics, Inc. (NASDAQ: PERS), today reported that net income for the third fiscal quarter ended June 30, 1992, increased to $467,000 or $.09 per share compared with $33,000 or $.01 per share for the prior year period. The company experienced an operating profit of $342,000 versus a year-ago operating loss of $4,000. In addition, other income totalled $178,000 pre-tax in the current quarter. Net sales for the quarter were $3,037,000 versus $3,018,000 in the prior year period.
 In commenting on the company's performance, John H. Michael, chairman and president of Personal Diagnostics, Inc., noted that the results for the third quarter were gratifying and continued to reflect an improved operating environment.
 For the nine-month period, Personal Diagnostics reported net income of $1,332,000 or $.27 per share compared to $171,000 or $.04 per share for the prior year period. Net sales for the nine-month period were $8,581,000 versus $7,602,000 for the corresponding prior year period.
 Personal Diagnostics, Inc. is a fully integrated medical technology company with specialized capabilities for precision design, engineering and manufacture of instrumentation for the health care industry.
 PERSONAL DIAGNOSTICS, INC.
 Third quarter ended June 30 1992 1991
 Net sales $3,037,000 $3,018,000
 Net income $ 467,000 $ 33,000
 Net income per share $.09 $.01
 Average number of shares outstanding 5,013,000 4,862,000
 Nine months ended June 30 1992 1991
 Net sales $8,581,000 $7,602,000
 Net income $1,332,000 $ 171,000
 Net income per share $.27 $.04
 Average number of shares outstanding 4,899,000 4,866,000
 -0- 8/5/92
 /CONTACT: Alan R. Shandler, executive vice president-finance and administration of Personal Diagnostics, 201-335-4486/
 (PERS) CO: Personal Diagnostics, Inc. ST: New Jersey IN: HEA SU: ERN


GK-SM -- NY022 -- 7002 08/05/92 10:26 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 5, 1992
Words:340
Previous Article:NATIONAL HOTLINE REUNITES LOST PETS WITH THEIR OWNERS
Next Article:CONSOLIDATED NATURAL GAS COMPANY REPORTS FIRST HALF AND SECOND QUARTER EARNINGS
Topics:


Related Articles
PERSONAL DIAGNOSTICS REPORTS LOSS OF $2,370,000 FOR FISCAL 1991; RESULTS INCLUDE LARGE GOODWILL WRITE-OFF
CABOT MEDICAL ANNOUNCES SECOND QUARTER AND FIRST HALF RESULTS
PERSONAL DIAGNOSTICS, INC. REPORTS RECORD SALES AND NET INCOME FOR THE FISCAL YEAR ENDED SEPT. 30, 1992
STERIS REPORTS RECORD THIRD QUARTER AND NINE-MONTH SALES AND EARNINGS FOR FISCAL 1993
PERSONAL DIAGNOSTICS, INC. REPORTS INCREASED NET INCOME FOR THE FIRST FISCAL QUARTER
STERIS REPORTS RECORD FINANCIAL RESULTS IN FISCAL 1993 FOURTH QUARTER AND FULL YEAR
PERSONAL DIAGNOSTICS, INC. REPORTS NET INCOME OF $280,000 ($.06 PER SHARE) IN THIRD FISCAL QUARTER
STERIS REPORTS RECORD FINANCIAL RESULTS IN FISCAL 1994 THIRD QUARTER AND FIRST NINE MONTHS
AEQUITRON MEDICAL REPORTS BEST YEAR-END RESULTS IN COMPANY'S HISTORY
DEL ELECTRONICS REPORTS RECORD 4TH QUARTER AND FISCAL YEAR END SALES AND EARNINGS

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