Winland Electronics Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company has reported net sales of $819,000 against $984,000 a year ago. Operating loss was $121,000 against $250,000 a year ago. Loss from continuing operations was $52,000 or $0.02 per basic and diluted against $252,000 or $0.07 basic and diluted per share a year ago. Loss from continuing operations before income taxes was $52,000 against $252,000 a year ago. Net loss was $52,000 or $0.02 basic and diluted per share against $140,000 or $0.04 basic and diluted per share a year ago. The decline in the quarter was primarily attributable to a shortfall in demand from company's distributor of $72,000 and a non-recurring customer project in 2011 that totaled $72,000.

For the six months, the company has reported net sales of $1,626,000 against $1,904,000 a year ago. Operating loss was $303,000 against $411,000 a year ago. Loss from continuing operations was $167,000 or $0.05 per basic and diluted against $444,000 or $0.12 basic and diluted per share a year ago. Loss from continuing operations before income taxes was $167,000 against $435,000 a year ago. Net loss was $167,000 or $0.05 basic and diluted per share against $346,000 or $0.09 basic and diluted per share a year ago. Net cash used in operating activities was $420,000 against $581,000 a year ago. Purchases of property and equipment were $5,000 against $10,000 a year ago. The decrease was primarily related to a decrease in sales to the company's distributor of $205,000 and the non-recurring customer project in 2011.