MANKATO, MN – Winland Electronics Inc. today announced second-quarter net sales of $5.1 million, down 10.5% year-over-year.
The firm reported a net loss of $822,000, compared to a net loss of $714,000 in the comparable quarter in 2009.
EMS sales for the quarter totaled $4.4 million, a decline of 12.5% compared to the same quarter last year.
EMS sales were up 18.5% sequentially over the $3.7 million the firm reported in the first quarter.
The company reported an operating loss of $205,000 in its EMS business for the quarter, versus operating income of $22,000 in the comparable period in 2009.
For the first six months of 2010, sales totaled $9.7 million, down 24.9% year-over-year.
Winland reported a net loss of $1.4 million in the first six months of 2010, versus a loss of $839,000 in the comparable period in 2009.
EMS sales during the first half of 2010 totaled $8.1 versus $11.4 million in 2009. Winland’s EMS business recorded an operating loss of $248,000 versus an operating profit of $628,000 last year.
Winland designs and manufactures custom electronic control products and systems.