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11/2/10

Micronetics Reports Second Quarter 2011 EPS of $.10 (Benzinga) Micronetics, Inc. (NASDAQ: NOIZ) today reported results for its second quarter ended September 25, 2010 (Q2 FY 2011). Net sales for Q2 FY 2011 were $9.0 million, an increase of 2% compared to $8.8 million for Q2 FY 2010. Net income for Q2 FY 2011 was $472,717 or $0.10 per diluted share as compared to net income of $186,323 or $0.04 per diluted share for Q2 FY 2010. Net sales for the twenty-six weeks ended September 25, 2010 were $18.4 million, an increase of 10% compared to $16.7...

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