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THERMOTREX CORPORATION ANNOUNCES SECOND QUARTER RESULTS

 THERMOTREX CORPORATION ANNOUNCES SECOND QUARTER RESULTS
 SAN DIEGO, Calif., July 30 /PRNewswire/ -- ThermoTrex Corporation (AMEX: TKN) today reported revenues of $3,854,000 for the quarter ended June 27, 1992, compared with $4,129,000 for the same quarter in 1991. Net income for the quarter was $95,000, compared with net income of $55,000 last year.
 "The slight decline in revenues is a result of our transition to commercial product development," said Firooz Rufeh, president and chief executive officer of ThermoTrex Corporation (TTC). "We are replacing high-energy laser funding with contracts better suited to TTCUs product development."
 ThermoTrex Corporation develops advanced technology in electro-optic and electro-acoustic systems, signal processing, materials technology, lasers, and thermionic and thermoelectric direct-energy conversion. Currently, the company is developing several commercial products, including a sonic CT (computerized tomography) system for real-time imaging of soft tissue and internal organs, a passive microwave camera that would enable pilots to "see" through fog and clouds to enhance navigation, and a wind-shear detector that would provide pilots with advance warning of wind shears. ThermoTrex Corporation is a public subsidiary of Thermo Electron Corporation.
 THERMOTREX CORPORATION
 Financial Highlights
 Three Months Ended Six Months Ended
 June 27, June 29, June 27, June 29,
 1992 1991 1992 1991
 Revenues $3,854,000 $4,129,000 $7,667,000 $8,305,000
 Income before
 provision for
 income taxes 179,000 108,000 269,000 199,000
 Net income 95,000 55,000 140,000 103,000
 Earnings per share 1 cent 1 cent 2 cents 2 cents
 Weighted average
 shares 8,716,000 7,057,000 8,663,000 6,572,000
 -0- 7/30/92
 /CONTACT: John N. Hatsopoulos of Thermo Electron, 617-622-1111/
 (TKN) CO: Thermotrex Corporation; Thermo Electron Corporation ST: California; Massachusetts IN: SU: ERN


CH -- NE009 -- 4949 07/30/92 09:08 EDT
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Publication:PR Newswire
Date:Jul 30, 1992
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