Aerosonic Corp. breaks even

Despite generating $6.8 million in sales in the second quarter of its 2011 fiscal year, Aerosonic Corp. (symbol: AIM) brought in a net income of just $18,000 for the three-month period ended July 30, 2010.

Sales decreased by $1.3 million over the year, a 16% slide, which the company attributed to reduced demand for its transmitter and sensor products. Aerosonic also says the current year-over-year discrepancy was further augmented by a fire in August 2008, which artificially boosted 2009 sales.

Aerosonic CEO Doug Hillman says the company is investing in “new product and service developments, operational improvements, and workforce skills,” part of a strategy to capture new business.