Aerosonic Corporation (NYSE Amex: AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced that today it filed its Quarterly Report on Form 10-Q for the three-months ended April 29, 2011, with the United States Securities and Exchange Commission.
     
Three Months Ended
(Unaudited)
April 29, 2011     April 30, 2010
Sales, net $ 6,709,000 $ 6,931,000
Operating (loss) income $ (382,000 ) $ 399,000
Net (loss) income $ (317,000 ) $ 259,000
Basic (loss) income per share $ (0.08 ) $ 0.07
Diluted (loss) income per share $ (0.08 ) $ 0.06
 

Net sales for the first quarter of fiscal year 2012 decreased $222,000, or 3%, to $6,709,000 when compared to $6,931,000 for the first quarter of fiscal year 2011. During the first quarter of fiscal year 2012, the sales volume decreased from the prior year by approximately $674,000 on reduced demand for mechanical instruments, transmitter products, and sensor products, offset by approximately $445,000 of increased sales volume of repairs, contributing to the net decrease of $222,000.

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