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AULT REPORTS THIRD QUARTER EARNINGS

 AULT REPORTS THIRD QUARTER EARNINGS
 MINNEAPOLIS, March 24 /PRNewswire/ -- Ault Incorporated


(NASDAQ: AULT) today reported net sales of $5,654,000 for the third quarter of fiscal 1992 ended March 1, an increase of 34 percent from $4,206,000 a year ago. Third quarter earnings came to $165,000 or $.08 per share, compared to the net loss of $178,000 or $.09 per share in the third quarter of fiscal 1991.
 For the first nine months of fiscal 1992, net sales rose 26 percent to $17,072,000. Nine-month earnings amounted to $457,000 or $.23 per share, a significant improvement from last year's net loss of $503,000 or $.26 per share.
 Frederick M. Green, Ault's president and chief executive officer, said the turnaround of nearly $1 million in Ault's bottom line for the first nine months of fiscal 1992 reflects enhanced management and strong sales of universal input switching power supplies. He said this new product line is continuing to generate a wide range of new customers involved with high-end power applications.
 The company's backlog totaled $8,462,000 at the end of the third quarter, virtually unchanged from the end of the second quarter. Green said the quarter-ending backlog is particularly noteworthy in view of high shipment levels and the second quarter cancellation of two laptop computer projects. He said the company did an excellent job of finding replacement orders for these projects, which were scheduled to enter production in the third quarter.
 A substantial portion of the current backlog will ship in the fourth quarter. Green said Ault's backlog, combined with new order activity, should result in strong fourth quarter and full-year results.
 Ault is the nation's largest independent manufacturer of external power supplies and battery chargers for high-end applications in telecommunications equipment, computers and peripherals, portable medical equipment and industrial products. The company's common stock is traded on the national over-the-counter market under the NASDAQ symbol AULT.
 -0- 3/24/92
 /CONTACT: Carlos S. Montague of Ault, 612-493-1900/
 (AULT) CO: Ault Incorporated ST: Minnesota IN: CPR SU: ERN


KH -- MN014 -- 1206 03/24/92 15:36 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 24, 1992
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