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SAZTEC INTERNATIONAL REPORTS RESULTS OF SECOND QUARTER OF FISCAL 1992

SAZTEC INTERNATIONAL REPORTS RESULTS OF SECOND QUARTER OF FISCAL 1992
 KANSAS CITY, Mo., Feb. 14 /PRNewswire/ -- SAZTEC International Inc. (NASDAQ: SAZZ) of Kansas City, today announced for the second quarter of fiscal 1992, ended Dec. 31, 1991.
 As expected for the second quarter of 1992, the company announced a net loss of $380,528 or 11 cents per share on revenues of $5,407,088. For the second quarter of 1991, the company reported net income of $210,751 or 6 cents per share on revenues of $7,498,826. For the six month period ended Dec. 31, 1991, the company reported a net loss of $711,740 or 21 cents per share on revenues of $10,424,639. For the like period in the prior year, the company reported net income of $293,921 or 8 cents per share on revenues of $13,482,405.
 "As reported last month, these results were anticipated due to a lower level of European activity, start up costs for the company's new medical transcription subsidiary, Chartnet Inc., and the overall soft economy," said Richard C. Thompson, president and chief operating officer.
 "However, we are optimistic that recent new orders which broaden and diversify our customer base will show positive results by the end of the year and into fiscal 1993."
 SAZTEC International, a world leader in information management, provides services for database construction and information conversion utilizing computer processing, electronic imaging, optical character recognition, data entry and other technologies.
 SAZTEC International is traded in the over-the-counter market and is quoted on NASDAQ under the symbol SAZZ. For more information, contact David W. Roberts, senior vice president, treasurer, SAZTEC International Inc., 6700 Corporate Dr., Kansas City, MO 64120, 816-483-6900.
 SAZTEC INTERNATIONAL INC.
 For The Quarter Ended
 Dec. 31,
 1991 1990
 Revenue $5,407,088 $7,498,826
 Gross profit 1,197,287 1,797,774
 Net income (loss) (380,528) 210,751
 Net income (loss) per share (.11) .06
 Weighted average shares
 outstanding 3,413,942 3,747,087
 For the Six Months Ended
 Dec. 31,
 1991 1990
 Revenue $10,424,639 $13,482,405
 Gross profit 2,133,320 3,545,671
 Net income (loss) (711,740) 293,921
 Net income (loss) per share (.21) (.08)
 Weighted average shares
 outstanding 3,467,761 3,724,983
 -0- 2/14/92
 /CONTACT: David W. Roberts of SAZTEC, 816-483-6900/
 (SAZZ) CO: SAZTEC International Inc. ST: Missouri IN: CPR SU: ERN


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Publication:PR Newswire
Date:Feb 14, 1992
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