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HEI, Inc. Announces Results for the Second Quarter Fiscal 2008
Date:4/10/2008

to time in HEI's SEC filings. We undertake no obligation to update these statements to reflect ensuing events or circumstances, or subsequent actual results. See the risk factor section in annual report on Form 10K for year ended September 1, 2007.

HEI, Inc.

Summary Financial Statements - Unaudited

Consolidated Statements of Operations

Three Months Ended Six Months Ended

March 1, March 3, March 1, March 3,

2008 2007 2008 2007

(In thousands except (In thousands except

per share and share per share and share

data) data)

Net sales $9,968 $9,906 $19,960 $22,012

Cost of sales 8,298 9,218 16,310 19,992

Gross profit 1,670 688 3,650 2,020

Operating expenses:

Selling, general and

administrative 1,221 1,301 2,561 3,121

Research, development and

engineering 315 609 640 1,319

Total operating expenses 1,536 1,910 3,201 4,440

Operating income (loss) 134 (1,222) 449 (2,420)

Other income (expenses):

Interest expense, net (176) (409) (371) (769)

Other income (expense), net (3) 19 131 26

Income (loss) from continuing

operations (45) (1,612) 209 (3,163)

Income (loss) from

discontinued operations - 41 - (16)

Net income (loss) $(45) $
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SOURCE HEI, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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