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HEI Turns To Profit In Q4 - Quick Facts

HEI, Inc. (HEII.PK) reported fourth-quarter net income of $365 thousand or $0.03 per share, compared to a net loss of $230 thousand or $0.02 per share in the same quarter a year-ago.

Quarterly sales increased to $9.20 million from $9.09 million in the prior year quarter. For fiscal 2011, net income was $1.1 million or $0.10 per share, compared to a net loss of $369 thousand or $0.04 per share in the year-ago period.

Net sales for the period rose $1.0 million to $37.42 million from $36.42 million last year.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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