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WYLE'S ELECTRONICS MARKETING GROUP EXPERIENCING RECORD SHIPMENTS; COMPANY EXPECTS SECOND QUARTER EARNINGS TO DOUBLE OVER LAST YEAR

WYLE'S ELECTRONICS MARKETING GROUP EXPERIENCING RECORD SHIPMENTS;

COMPANY EXPECTS SECOND QUARTER EARNINGS TO DOUBLE OVER LAST YEAR
    EL SEGUNDO, Calif., July 8 /PRNewswire/ -- Wyle Laboratories (NYSE: WYL) today reported that its Electronics Marketing Group had record revenues and bookings in June, reflecting broadly based demand for semiconductors and computer systems across its major product lines.
    Charles M. Clough, chairman and chief executive officer, said: "Semiconductor demand has been building since last September and accelerated in May and June.  In addition, our computer systems business was very strong in June.  Wyle also continues to benefit from our strategic emphasis on key value-added capabilities, particularly our kitting/turnkey manufacturing services.
    "Based on the positive trends in the quarter to date, we expect earnings for the three months ending July 31, 1992, to be more than double the $1.5 million, or 15 cents per share, reported in last year's depressed second quarter.  We look forward to continued progress in the second half and to a strong, successful year."
    Wyle Laboratories is one of the nation's leading marketers of high-technology electronic products, specializing in semiconductors, computer systems and related value-added services.  The company is also a major supplier of research, engineering, testing and support services to the aerospace, defense and energy industries.
    -0-                    7/8/92
    /CONTACT:  R. Van Ness Holland Jr., executive VP of Wyle Laboratories, 310-322-1763/
    (WYL) CO:  Wyle Laboratories ST:  California IN:  CPR SU:  ERP JL-EH -- LA009 -- 7274 07/08/92 08:30 EDT
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Publication:PR Newswire
Date:Jul 8, 1992
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