HEI, Inc. Announces Second Quarter 2012 Results

MINNEAPOLIS--(BUSINESS WIRE)--HEI, Inc. (Pink Sheets: HEII; http://www.heii.com) today announced its financial results for the second quarter of fiscal year 2012, which ended June 30, 2012. Sales for the second quarter were $9,648,000, compared to $9,271,000 for the second quarter of 2011. The Company generated a net loss of ($351,000) for the second quarter of 2012 compared to net income of $339,000 for the same period in 2011. Sales for the first six months of 2012 were $18,713,000, compared to $18,994,000 for the first six months of 2011. The Company generated a year-to-date net loss of ($508,000) for 2012 compared to a net income of $524,000 for the first six months of 2011.
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