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To: Joe Hoek who wrote (37313)4/29/1999 6:12:00 PM
From: Jenna  Respond to of 120523
 
CYTYC CORP CYTC expected negative $-0.11 actual positive $0.04 101% gain in revenue.

Cytyc Corporation Announces Second Consecutive Profitable Quarter

BOXBOROUGH, Mass., April 29 /PRNewswire/ -- Cytyc Corporation (Nasdaq: CYTC - news) today reported its second
consecutive profitable quarter as it announced operating and financial results for the first quarter ended March 31, 1999.

Cytyc reported net income of $657,000, or $0.04 per diluted share, compared to a net loss of $(6.5 million), or $(0.37) per diluted share for the first quarter of 1998.
Revenues for the first quarter doubled to $16.2 million, a 100 percent increase over the $8.1 million reported in the same quarter of 1998 and an 11 percent increase over
the $14.6 million reported in the last quarter of 1998.

''We are very pleased with our progress for the first quarter,'' said Patrick J. Sullivan, Cytyc's president and chief executive officer. ''We increased our domestic market
share, managed our costs, and successfully made the transition to our own direct-to-physician sales force. In addition, the Company's financial condition remains strong
with over $70 million in cash and investments.''