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SHARED MEDICAL SYSTEMS REPORTS RESULTS FOR THIRD QUARTER AND NINE MONTHS ENDED SEPT. 30, 1992

 SHARED MEDICAL SYSTEMS REPORTS RESULTS FOR
 THIRD QUARTER AND NINE MONTHS ENDED SEPT. 30, 1992
 MALVERN, Pa., Oct. 26 /PRNewswire/ -- Shared Medical Systems Corporation (SMS) (NASDAQ: SMED) today announced its financial results for the third quarter of 1992.
 Revenues for the third quarter of 1992 were $115,896,000, an increase of 5.6 percent compared to the same period in 1991. Income before income taxes for the quarter ended Sept. 30, 1992, was $11,390,000, up 13.6 percent over the same quarter last year. Net income and net income per share for the current quarter were $7,176,000 and $.31, respectively, an increase of 11.8 percent and 10.7 percent, respectively, compared to the third quarter of 1991.
 Revenues for the nine months ended Sept. 30, 1992, were $345,079,000, an increase over the same period in 1991 of 7.4 percent. Income before income taxes for the nine months ended Sept. 30, 1992, was $33,506,000, up 14.9 percent over the comparable period in 1991. Net income and net income per share for the nine months ended Sept. 30, 1992, were $21,109,000 and $.92, respectively, representing increases of 13.1 percent and 12.2 percent, respectively, compared to net income and net income per share during the same period in 1991.
 SHARED MEDICAL SYSTEMS CORPORATION
 (Unaudited; in thousands, except per-share amounts)
 Periods ended Quarter Nine Months
 Sept. 30 1992 1991 1992 1991
 Revenues $115,896 $109,720 $345,079 $321,351
 Income before
 income taxes 11,390 10,025 33,506 29,156
 Net income 7,176 6,417 21,109 18,660
 Net income per share $.31 $.28 $.92 $.82
 Weighted average number
 of shares outstanding 22,882 22,870 22,848 22,742
 /delval/
 -0- 10/26/92 R
 /CONTACT: Terrence W. Kyle of SMS, 215-219-6300/
 (SMED) CO: Shared Medical Systems Corporation ST: Pennsylvania IN: CPR SU: ERN


CC -- PH045 -- 5082 10/26/92 17:50 EST
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Date:Oct 26, 1992
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