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Rx MEDICAL SERVICES CORP. REPORTS RECORD REVENUE AND EARNINGS IN SECOND QUARTER OF 1992

 Rx MEDICAL SERVICES CORP. REPORTS RECORD REVENUE
 AND EARNINGS IN SECOND QUARTER OF 1992
 NEWPORT BEACH, Calif., Aug. 13 /PRNewswire/ -- Rx Medical Services Corp. (AMEX: RXM) announced that its revenue for the quarter ended June 30, 1992, increased 554 percent from the same quarter last year.
 Revenue for the quarter rose to $3.9 million from $708,196 for the same quarter last year. Earnings for the quarter were $211,000, which was double the earnings for the quarter ended March 31, 1992. Revenue for the first six months of 1992 was $7.7 million, a 575 percent increase over revenue for the first six months of 1991.
 RXM's latest two acquisitions occurred after June 30, 1992, and are expected to cause the company's run-rate annual revenue to exceed $21.5 million. RXM's revenue for 1991 was $2.6 million.
 -0- 8/13/92
 /CONTACT: Maurice Levy of Rx Medical Services, 714-474-3000/
 (RXM) CO: Rx Medical Services Corp. ST: California IN: MTC SU: ERN


MP-JS -- LA018 -- 9605 08/13/92 11:45 EDT
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Publication:PR Newswire
Date:Aug 13, 1992
Words:173
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