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Aerosonic Announces First Quarter Profits.


CLEARWATER Clearwater, city, United States
Clearwater, residential and resort city (1990 pop. 98,784), seat of Pinellas co., W central Fla., on the Pinellas peninsula, between Clearwater Bay and the Gulf of Mexico; inc. 1891.
, Fla.--(BUSINESS WIRE)--June 15, 1998--Aerosonic Corp. (AMEX AMEX

See: American Stock Exchange
:AIM) Monday Monday: see week.  reports a profit before tax of $442,000, or $0.11 per share for the first quarter ended April 30, 1998, as compared to a profit before tax of $425,000, or $0.11 per share for the same period in the prior fiscal year.

Net income was $283,000, or $0.07 per share, for the first quarter versus a net income of $278,000, or $0.07 per share, for the same period in the prior fiscal year. -0-

                                  Three Months Ended
                                       April 30
                                  1998          1997
                              ------------  ------------
Net Sales                     $  5,328,000  $  5,327,000
Gross Profit                  $  2,037,000  $  1,862,000
Income (Loss) Before Taxes    $    442,000  $    425,000
Benefit (Provision) For Income
  Taxes                       $   (159,000) $   (147,000)
Net Income/(Loss)             $    283,000  $    278,000
Net Income/(Loss) Per Share   $       0.07  $       0.07
Weighted Average Number of
  Shares and Common Shares
  Equivalents                    3,939,000     3,816,000



CONTACT: Aerosonic Corp., Clearwater

J. Mervyn Nabors, 813/461-3000

(Fax) 813/447-5926
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 15, 1998
Words:175
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