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VENTURIAN CORP. REPORTS THIRD QUARTER RESULTS

 MINNEAPOLIS, Nov. 11 /PRNewswire/ -- Venturian Corp. (NASDAQ-NMS: VENT) today reported a net loss of $109,000, or $.15 per share, on net sales of $13,110,000 for the third quarter ended Sept. 30, 1993 compared to net earnings of $122,000, or $.16 per share, on net sales of $8,051,000 for the 1992 third e?r.
 Net sales for the quarter increased approximate6?2.8 percent from the year ago period, reflecting a $7.2 million contribution from PC Express, which Venturian acquired in October 1992. Sales of defense- related products from Venturian's Napco International subsidiary declined 27.2 percent to $5.9 million.
 Napco sales were lower than expected during the quarter in part as a result of production delays on several contracts with the U.S. government. By comparison, Napco sales for the year-ago period included shipments against a large repowering contract which were completed in the 1992 fourth quarter.
 For the nine months ended Sept. 30, 1993, Venturian reported a net loss of $1,473,000, or $1.97 per share, on net sales of $36,047,000 compared to net earnings of $451,000, or $.60 per share, on net sales of $23,059,000 for the comparable 1992 period.
 Gary B. Rappaport, Venturian's president, said that for the year to date, operating profits generated by PC Express have been offset by losses resulting from lower levels of sales for defense-related products and start-up costs for the company's Venturian Software subsidiary. In the first nine months of 1993, PC Express generated revenues of $20.5 million and operating profits of $438,000, net of amortization of goodwill and non-competes related to the acquisition of the company totaling $363,000.
 Rappaport noted that results for the third quarter benefited from a gain of $291,000 resulting from an agreement reached in September 1993 to distribute shares relating to the sale of a former affiliate. Results for the year to date also include a one-time charge of $571,000, or $.76 per share, resulting from the implementation of FAS 106 relating to accounting for postretirement benefits other than pensions.
 Rappaport said that Napco booked approximately $15 million in new orders during the third quarter, increasing backlog to Sept. 30, 1993 to $22.8 million from $14.9 million at the beginning of the year. "Much of this new business is scheduled to be shipped in 1994 and therefore will not affect the level of Napco sales in the fourth quarter," said Rappaport.
 Venturian Corp., through its wholly owned subsidiary PC Express, Inc., produces and services personal computers for the Upper Midwest market, and through its NAPCO International subsidiary supplies a wide variety of defense-related products to governments around the world; the company's Venturian Software subsidiary sells MAGIC(TM) software and produces custom software applications.
 VENTURIAN CORP. AND SUBSIDIARIES
 CONSOLIDATED RESULTS
 (Unaudited)
 Three Months Ended
 9/30/93 9/30/92
 Net sales $13,110,000 $8,051,000
 Gross profit 2,483,000 2,126,000
 Operating profit (loss) (344,000) 245,000
 Other income (expense) 235,000 (48,000)
 Earnings (loss) before income
 taxes and cumulative effect
 of change in accounting
 principle (109,000) 197,000
 Income taxes -- 75,000
 Net earnings (loss) before
 cumulative effect of change
 in accounting principle (109,000) 122,000
 Cumulative effect of change in
 accounting for postretirement
 benefits -- --
 Net earnings (loss) $(109,000) $122,000
 Net earnings (loss) per share
 before effect of accounting
 change $(.15) $.16
 Cumulative effect of accounting
 change -- --
 Net earnings (loss) per share $(.15) $.16
 Avg. shares outstanding 747,789 747,789
 Nine Months Ended
 9/30/93 9/30/92
 Net sales $36,047,000 $23,059,000
 Gross profit 7,618,000 6,358,000
 Operating profit (loss) (897,000) 650,000
 Other income (expense) (5,000) (114,000)
 Earnings (loss) before income
 taxes and cumulative effect
 of change in accounting
 principle (902,000) 536,000
 Income taxes -- 85,000
 Net earnings (loss) before
 cumulative effect of change
 in accounting principle (902,000) 451,000
 Cumulative effect of change in
 accounting for postretirement
 benefits (571,000) --
 Net earnings (loss) $(1,473,000) $451,000
 Net earnings (loss) per share
 before effect of accounting
 change $(1.21) $.60
 Cumulative effect of accounting
 change (.76) --
 Net earnings (loss) per share $(1.97) $.60
 Avg. shares outstanding 747,789 747,789
 -0- 11/11/93
 /CONTACT: Gary P. Rappaport, president & CEO of Venturian, 612-931-2420/
 (VENT)


CO: Venturian Corp. ST: Minnesota IN: CPR SU: ERN

DB-CP -- MN002 -- 3091 11/11/93 09:03 EST
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Date:Nov 11, 1993
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