
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, February 4, 1994                   TAG: 9402040056
SECTION: BUSINESS                    PAGE: A-5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

REPORTED EARNINGS

ITT Corp. ITT Corp., New York operator of a night-vision products plant and a gallium arsenide technology center in Roanoke County, on Thursday reported fourth-quarter net income of $219 million, or $1.67 per share, up dramatically from a loss of $617 million, or $4.74 per share, in the 1992 quarter. Sales and revenues were $6 billion, compared with a restated $6.1 billion in 1992.

Net income for the year was $913 million, or $6.90 per share, compared with a loss of $885 million, or $6.90 per share, in 1992. Sales and revenues totaled $22.8 billion, compared with a restated $23 billion in 1992.

by CNB