Optelecom Inc.The Gaithersburg-based maker of fiber optics...

BY THE NUMBERS

August 05, 1992

Optelecom Inc.

The Gaithersburg-based maker of fiber optics and laser systems posted a jump of more than 800 percent in second-quarter earnings to make it the most profitable three months in the company's 20-year history.

The company attributed the sharp rise in earnings to higher-than-expected shipments, lower production costs and the successful completion of an Air Force contract for laser illuminators.

"These results far exceed those of any previous quarter in the 20-year history of the company," said Chief Executive Officer William H. Culver. "Although we do not anticipate that the remainder of the year will continue at this record pace, we do expect the overall financial trend to be very positive."

.. .. ..Revenue .. ... ... ..Net .. ... ...Share

'92 .. 1,735,942 .. ... .. 221,962 .. ..0.20

'91 .. 1,215,271 .. .. .. .24,362 .. .. 0.02

% change +42.8 .. .. .. .. ..+811.1 .. .. +900.0

Six months ended 6/30/92

.... .. Revenue .. .. .. .. .Net .. .. .. ..Share

'92 .. 2,972,499 .. .. .. .257,063 .. .. 0.23

'91 .. 2,303,357 .. .. .. .28,674 .. .. .0.02

% change +29.1 .. .. .. .. ..+796.5 .. ..+1,050.0

Universal Security Instruments Inc.

Earnings for the Owings Mills-based designer and maker of security, video and telecommunications products dropped in its first fiscal quarter because of poor economic conditions, the company said. But the firm was encouraged that it remained profitable and believes it is well-positioned for an upturn in the economy.

Three months ended 6/30/92

. . ... ... .Revenue. ... . . .. Net. .. ........ Share

92. . .. ..5,449,125. ..........20,513. ...........0.01

91. .......5,970,000. ..........50,179. .......... 0.02

% change.......-8.7. ............-59.1.. .........-50.0

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