BOHEMIA, N.Y., Feb. 15, 2012 (GLOBE NEWSWIRE) -- Scientific Industries Inc. (OTCBB:SCND), reported a net loss of $55,300 ($.04 loss per basic share) on net sales of $1,197,600, for the three months ended December 31, 2011, as compared with net income of $189,600 ($.16 per basic share) on net sales of $2,031,500 for the three months ended December 31, 2010. For the six month periods ended December 31, 2011 and December 31, 2010, net income was $4,000 ($.00 per basic share) on net sales of $2,738,500 and $191,800 ($.16 per basic share) on net sales of $3,286,900, respectively.
