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VIDEO DISPLAY REPORTS QUARTERLY EARNINGS

 VIDEO DISPLAY REPORTS QUARTERLY EARNINGS
 ATLANTA, Jan. 13 /PRNewswire/ -- Video Display Corporation


(NASDAQ-NMS: VIDE) today reported earnings of $487,000 or $0.12 per share for its third quarter ended Nov. 30, 1991, compared to $650,000 or $0.15 per share reported for the same period a year ago.
 Revenues for the quarter ended Nov. 30 were $13.4 million as compared to $13.8 million for the same period a year ago. Revenues were $39.9 million and $41.4 million for the nine months ended Nov. 30, 1991 and 1990, respectively. Included in fiscal year revenues for Nov. 30, 1990, were $800,000 of one-time contract sales not repeated in the current year.
 Fiscal year revenues were up 14 percent for the data display division but were offset by a 15.7 percent decrease in the sales of television CRTs. "The first nine months has seen a decrease in sales of television CRTs due to the closing of several distribution warehouses operated by a major customer," said Ronald D. Ordway, Video Display's chairman and chief executive officer. "The inventory from those locations is being used by the customer prior to going on line with a direct order system linking their computer with ours. We expect sales of television CRTs to rebound during the next six months which, when combined with the continued sales growth in data display CRTs, should improve our financial results."
 Video Display previously announced CRT production that began in Monterrey, Mexico, on Nov. 18, 1991. Sales for the quarter ended Nov. 30, 1991, were minimal as shipments of CRTs actually began in the company's fourth quarter.
 Video Display Corporation, headquarted in Tucker, Ga., is traded on NASDAQ (NMS) under the ticker symbol VIDE.
 3 mos. ended 11/30/91 11/30/90
 (All amounts in 000s except EPS)
 Net sales from operations $13,384 $13,783
 Operating profit 1,220 1,437
 Pre-tax earnings 742 994
 Net income (loss) 487 650
 EPS 0.12 0.15
 Average outstanding shares 4,119 4,192
 9 mos. ended 11/30/91 11/30/90
 (All amounts in 000s except EPS)
 Net sales from operations $39,924 $41,441
 Operating profit 3,346 3,905
 Pre-tax earnings 2,236 2,781
 Net income (loss) 1,466 1,825
 EPS 0.36 0.44
 Average outstanding shares 4,119 4,194
 -0- 1/13/92
 /CONTACT: Ronald D. Ordway of Video Display, 404-938-2080/
 (VIDE) CO: Video Display Corporation ST: Georgia IN: CPR SU: ERN


BR-BN -- AT007 -- 9192 01/13/92 16:03 EST
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Date:Jan 13, 1992
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