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THERMEDICS ANNOUNCES SECOND QUARTER RESULTS

 THERMEDICS ANNOUNCES SECOND QUARTER RESULTS
 WOBURN, Mass., July 30 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD)


today reported record revenues of $10,052,000 for the quarter ended June 27, 1992, compared with $8,295,000 in 1991. Net income was $507,000, compared with $700,000 in 1991.
 "Revenues for the quarter exceeded our previous record by 17 percent due to higher sales of biomedical products, including heart-assist devices and biomaterials, and the June acquisition of KeyTek Instrument Corp.," said John W. Wood Jr., president and chief executive officer of Thermedics. "We are also pleased to report a dramatic improvement in our operating income, which increased by nearly $800,000 compared with the same quarter a year ago, before the inclusion of results from our Thermo Cardiosystems subsidiary."
 Thermedics develops, manufactures, and markets biomaterials, biomedical products, analytical instruments, and explosives- and drug-detection devices, and provides analytical laboratory services. Thermedics is a public subsidiary of Thermo Electron Corporation (NYSE: TMO).
 THERMEDICS INC.
 Financial Highlights
 Three Months Ended Six Months Ended
 6/27/92 6/29/91 6/27/92 6/29/91
 Revenues $10,052,000 $8,295,000 $17,992,000 $16,814,000
 Income before
 provision
 for income taxes 912,000 1,120,000 1,236,000 1,903,000
 Net income 507,000 700,000 703,000 1,200,000
 Earnings per share 3 cents 4 cents 4 cents 7 cents
 Weighted average
 shares 18,625,000 18,441,000 18,624,000 18,393,000
 -0- 7/30/92
 /CONTACT: John N. Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMD TMO) CO: Thermedics, Inc.; Thermo Electron Corporation ST: Massachusetts IN: SU:


SH -- NE002 -- 4925 07/30/92 08:48 EDT
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Publication:PR Newswire
Date:Jul 30, 1992
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