Winland Reports Q3 2012 Financial Results

Business Wirevia The Motley Fool
Updated

Winland Reports Q3 2012 Financial Results

MANKATO, Minn.--(BUSINESS WIRE)-- Winland Electronics, Inc. (NYSE Amex: WEX) today reported sales of Proprietary Environmental Monitoring products of $1.14 million for the third quarter ended September 30, 2012, an increase of $372,000, or 48.4 percent, from the $769,000 in the comparable period in 2011. Net loss from the quarter totaled $114,000, or $0.03 per share, versus a loss of $300,000, or $0.08 per share, in the third quarter of 2011.

The news release detailing the company's third quarter and nine month results will be available on www.winland.com at 8:00 a.m. central time, and will also be included in the Company's Form 8-K filing with the Securities and Exchange Commission.


About Winland Electronics

Winland Electronics, Inc. (www.winland.com), is an industry leader of critical condition monitoring devices. Products including EnviroAlert, WaterBug, TempAlert, Vehicle Alert and more are designed in-house to monitor critical conditions for industries including health/medical, grocery/food service, commercial/industrial, as well as agriculture and residential. Proudly made in the USA, Winland products are compatible with any hard wire or wireless alarm system and are available through distribution worldwide. Headquartered in Mankato, MN, Winland trades on the NYSE Amex Exchange under the symbol WEX.



Winland Electronics, Inc.
Brian Lawrence, 507-625-7231
CFO & Senior Vice President
or
The Carideo Group, Inc.
Tony Carideo, 612-317-2881

KEYWORDS: United States North America Minnesota

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