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POSSIS ANNOUNCES THIRD-QUARTER RESULTS

 POSSIS ANNOUNCES THIRD-QUARTER RESULTS
 MINNEAPOLIS, June 12 /PRNewswire/ -- Possis Corporation


(NASDAQ: POSS) announced today its results for its fiscal third quarter ended April 30, 1992.
 Three Months Ended Nine Months Ended
 4/30/92 4/30/91 4/30/92 4/30/91
 Revenues $2,687,089 $2,820,680 $9,128,204 $8,098,881
 Income (loss) --
 continuing operations (319,612) 203,990 467,406 (55,526)
 Income -- discontinued
 operations 39,049 193,897 251,471 527,387
 Net income (loss) (280,563) 397,887 718,877 471,861
 Share earnings --
 Income (loss) cont. op. $(.04) $.03 $.05 $(.01)
 Income discontinued op. .01 .02 .03 .07
 Net income $(.03) $.05 $.08 $.06
 Possis Corporation manufactures medical products and ultra-high pressure waterjet equipment.
 -0- 6/12/92
 /CONTACT: Z.C. Possis of Possis, 612-545-1471/
 (POSS) CO: Possis Corporation ST: Minnesota IN: MTC SU: ERN


KH -- MN007 -- 9809 06/12/92 16:13 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 12, 1992
Words:153
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