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UNIVERSAL VOLTRONICS ANNOUNCES THIRD QUARTER RESULTS

 UNIVERSAL VOLTRONICS ANNOUNCES THIRD QUARTER RESULTS
 MT. KISCO, N.Y., Oct. 29 /PRNewswire/ -- Universal Voltronics Corp. (AMEX: UVL) today reported record revenues of $4,199,000 for the quarter ended Sept. 26, 1992, compared with $1,321,000 for the quarter ended Sept. 28, 1991. Net income was $106,000 for the current quarter, compared with a net loss of $362,000 for the same quarter last year.
 "Our record third-quarter revenues include those of our recently acquired KeyTek Instrument Corp. subsidiary as well as increased revenues from our energy- and defense-related contracts," said Barry Ressler, president and chief executive officer of Universal Voltronics. "We are pleased that the company's revenues are growing despite the drop-off in commercial sales to the semiconductor and microwave industries here in the United States."
 Universal Voltronics designs and manufactures high-voltage power conversion systems and electronic test instruments and systems for commercial, industrial, medical, defense, and scientific and energy research applications. Universal Voltronics is a subsidiary of Thermedics Inc. and Thermo Electron Corporation.
 UNIVERSAL VOLTRONICS CORP.
 Financial Highlights
 Three Months Ended Nine Months Ended
 9/26/92 9/28/91 9/26/92 9/28/91
 Revenues $4,199,000 $1,321,000 $8,975,000 $4,688,000
 Income (Loss)
 before income
 Taxes and
 Extraordinary
 Credit 104,000 (362,000) 342,000 (330,000)
 Income (Loss)
 Before
 Extraordinary
 Credit 37,000 (362,000) 181,000 (339,000)
 Net Income (Loss) 106,000 (362,000) 298,000 (331,000)
 Earnings (Loss)
 Per Share Before
 Extraordinary
 Credit(a) .01 (.14) .07 (.13)
 Earnings (Loss)
 Per Share(a) .04 (.14) .11 (.13)
 Weighted Average
 Shares(a) 2,620,000 2,620,000 2,620,000 2,620,000
 ----
 NOTE TO EDITORS: (a) Share data has been adjusted to reflect a one- for-three reverse stock split to be effected in Nov. 1992.
 -0- 10/29/92
 /CONTACT: John N. Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO CO: Thermo Electron Corporation; Universal Voltronics ST: Massachusetts, New York IN: SU: ERN


CH -- NE004 -- 6447 10/29/92 09:43 EST
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Publication:PR Newswire
Date:Oct 29, 1992
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