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November 9, 1993

COMPANY RESULTS

By CBR Staff Writer

Proteon Inc saw third quarter net losses of $1.8m against profits last time of $1.9m on sales down 8.5% at $28.4m; net losses for the nine months were $5.7m after an accounting gain of $452,000 and a restructuring charge of $2.3m, against profits of $6.2m last time, on sales that fell 6.5% to $83m.

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