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September 23, 1998

COMPANY RESULT: MANCHESTER EQUIPMENT CO INC

By CBR Staff Writer

Manchester Equipment Co Inc, Hauppauge, New York-based systems integrator, has reported fourth-quarter net income down 27.8% at $590,000 on revenue up 8.3% at $51.9m. For the year, net income fell 38.6% to $2.2m on revenue up 7.8% at $202.5m. Earnings per share fell 30% to $0.07 for the quarter and 42.2% to $0.26 for the year.

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