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TRANS-LUX CORPORATION REPORTS INCREASES IN REVENUES AND EARNINGS FOR 1992 FISCAL YEAR

 NORWALK, Conn., March 18 /PRNewswire/ -- Trans-Lux Corporation (AMEX: TLX) today reported increased revenues and earnings for the fourth quarter and fiscal year ended Dec. 31, 1992.
 Annual revenues in 1992 were $24.1 million compared to $22.1 million last year. Net income was $345,000 ($.28 per share) versus $321,000 ($.25 per share) in 1991. For the fourth quarter of 1992, revenues were $6.5 million against $5.9 million for the same period last year. The company had earnings of $74,000 ($.06 per share) in the 1992 quarter and $63,000 ($.06 per share) in the 1991 quarter.
 "Trans-Lux turned in a solid financial performance in 1992," said Chairman of the Board Richard Brandt. "It was also a year of significant operating milestones. We received the largest single sales order in company history, and completed our largest acquisition ever. Mr. Brandt noted that the acquisition "significantly increased our presence in the outdoor market for information displays. At the same time, we are expanding our reach internationally, and are expanding our motion picture theatre chain in the Southwest."
 Trans-Lux Corporation, whose securities are traded under the symbol "TLX" on the American Stock Exchange, has two operating divisions. The communications division designs, produces, leases, sells and services large-scale multi-color information displays for both indoor and outdoor use and various communication terminal products. Trans-Lux displays are used primarily in applications for the banking, financial, transportation, corporate and gaming markets. The entertainment division operates a growing chain of motion picture theatres in the Southwest.
 TRANS-LUX CORPORATION
 Results of Operations
 (Unaudited)
 Periods ended Three Months Year
 Dec. 31 1992 1991 1992 1991
 Gross revenues $6,482,000 $5,929,000 $24,130,000 $22,133,000
 Income before taxes 290,000 112,000 741,000 542,000
 Net income $ 74,000 $ 63,000 $ 345,000 $ 321,000
 Earnings per share $.06 $.06 $.28 $.25
 Average common
 shares outstanding 1,249,876 1,248,841 1,249,431 1,304,781
 -0- 3/18/93
 /CONTACT: Victor Liss of Trans-Lux, 203-853-4321/
 (TLX)


CO: Trans-Lux Corporation ST: Connecticut IN: SU: ERN

GK-LR -- NY061 -- 7656 03/18/93 17:06 EST
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Publication:PR Newswire
Date:Mar 18, 1993
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