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UNIVERSAL SEISMIC ASSOCIATES, INC. ANNOUNCES REVISED NINE MONTHS EARNINGS PER SHARE

 SUGAR LAND, Texas, April 23 /PRNewswire/ -- Universal Seismic Associates, Inc. (NASDAQ-NMS: USAC) today announced revised nine month earnings per share of $.18 (compared to $.23 as previously announced) based upon a weighted average shares outstanding of 2,180,000 (compared to 1,650,000 as previously announced). The other previously announced revenue and earnings information for the nine month and three month periods ended March 31, 1993 remains unchanged.
 UNIVERSAL SEISMIC ASSOCIATES, INC.
 Nine months ending March 31 1993 1992
 (Revised)
 Net revenue $7,523,274 $3,873,125
 Earnings before tax 601,485 752,193
 After tax earnings 382,338 475,887
 Earnings per share $ .18 $ .40
 Weighted average shares
 outstanding 2,180,000 1,200,000
 Quarter ending March 31 1993 1992
 Net revenue 3,203,407 1,076,205
 Earnings before tax 46,236 19,673
 After tax earnings 29,592 12,787
 Earnings per share $ .01 $ .01
 Weighted average shares
 outstanding 2,700,000 1,200,000
 -0- 4/23/93
 /CONTACT: Mike Pawelek of Universal Seismic Associates, Inc., 713-240-3388/
 (USAC)


CO: Universal Seismic Associates, Inc. ST: Texas IN: SU: ERN

TS -- NY036 -- 9993 04/23/93 11:21 EDT
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Date:Apr 23, 1993
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