Ault Inc. (Minneapolis, MN) reported results for its third-quarter, fiscal-year 2004 ended February 29, 2004. For the fiscal quarter, net sales were $10.7 million, up eight percent from $9.9 million reported for the third quarter of fiscal 2003. For the nine months ended February 29, 2004, net sales were $32.7 million, up four percent from $31.3 million for the same period a year ago.
For the third quarter of fiscal 2004, the company recorded a net loss applicable to common stock of $2,964,000, or $0.63 per diluted share, compared to a net loss applicable to common stock of $1,829,000, or $0.40 per diluted share, for the same period last fiscal year. For the first nine months of fiscal year 2004, the company recorded a net loss applicable to common stock of $4,644,000, or $0.99 per diluted share, compared to a net loss applicable to common stock of $3,845,000, or $0.84 per diluted share, for the first nine months of fiscal year 2003.
