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REGIONAL EARNINGS

Quarterly Loss Reported by Pico Products Inc.

March 23, 1993

Pico Products Inc., a Lakeview Terrace maker of pay-television security devices and distributor of satellite antenna systems, reported losses in its latest quarter and six months on flat revenues.

In the three months that ended Jan. 31, Pico lost $98,292, in contrast with a year-earlier profit of $95,483.

Its revenue was $5.43 million, compared to $5.48 million in revenue a year before.

Pico's six-month loss was $78,905, and its revenue was $10.8 million. In the first six months of fiscal 1992, the company earned $282,680 on $10.8 million in revenue.

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