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QUIPP INCORPORATED REPORTS RESULTS

 MIAMI, Nov. 18 /PRNewswire/ -- Quipp Incorporated (NASDAQ: QUIP), a Miami-based manufacturer of newspaper distribution systems, announced a loss for its third fiscal quarter of 1993 results unaudited.
 QUIPP INCORPORATED
 Three Months Ended Nine Months Ended
 9/30/93 9/30/92 9/30/93 9/30/92
 Sales $2,700,512 $5,382,143 $10,863,703 $16,172,590
 Net Income
 (Loss) ($205,561) $101,289 $227,665 $608,457
 Per Share ($0.14) $.0.07 $0.15 $0.41
 -0- 11/18/93
 /CONTACT: John F. Green of Quipp, 305-623-8700/
 (QUIP)


CO: Quipp Incorporated ST: Florida IN: SU: ERN

AW-SB -- FL012 -- 5992 11/18/93 11:45 EST
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Publication:PR Newswire
Date:Nov 18, 1993
Words:110
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