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PRECISION OPTICS ANNOUNCES SECOND QUARTER RESULTS

 PRECISION OPTICS ANNOUNCES SECOND QUARTER RESULTS
 GARDNER, Mass., Jan. 7 /PRNewswire/ -- Precision Optics Corporation,


Inc. (BSE: POC), announced financial results on an unaudited basis for the second quarter of fiscal year 1992, ended Dec. 29, 1991.
 Total revenues for the quarter were $1,455,834 compared to $989,182 for the same period in 1991. Net income was $7,052 compared to $41,078 for the same period in 1991.
 Per share earnings were negligible versus $.01 per share for the same period last year.
 Night vision production accounted for the major portion of the revenue increase, followed by medical industrial product sales. New product initial start-up costs and selling expenses were the major cause of lower net income and were anticipated by the company.
 Precision Optics Corporation designs, develops, manufactures and sells specialized optical systems and components and optical thin film coatings. Its products and services include medical and industrial optical systems, lens systems for night vision equipment, optical thin film coatings and advanced optical system design and development.
 Precision Optics Corporation, located in Gardner, Mass., is traded over-the-counter and on the Boston Stock Exchange (POC).
 -0- 1/7/92
 /CONTACT: Richard Forkey of Precision Optics Corporation, 508-630-1800/
 (POC) CO: Precision Optics Corporation Inc. ST: Massachusetts IN: SU: ERN


AL -- MN014 -- 7492 01/07/92 17:10 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 7, 1992
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