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EARNINGS
Hickok Inc. reports smaller fourth-quarter loss
2:18 pm, December 23, 2009
Hickok Inc. (OTC Bulletin Board: HICKA) has reported much small fourth-quarter loss than it posted in the year-earlier period. The maker of automotive diagnostic equipment and emissions testing systems said its loss in the quarter ended Sept. 30 totaled $49,000, or three cents a share, which is far smaller than its loss of $866,000, or 66 cents per diluted share, in last year's fourth quarter. Sales at Hickok rose 44%, to $2.05 million from $1.42 million.
Hickok said its backlog at Sept. 30 was nearly $1.2 million, an increase of 51% from its backlog of $794,000 a year earlier. Hickok said the increase was due primarily to increased orders of automotive diagnostic products.
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