Xenonics Holdings, Inc. announced consolidated financial results for the year ended September 30, 2012. For the year, the company's revenue was $2,164,000 compared to revenue of $7,179,000 for fiscal 2011. The net loss was $2,189,000 or $0.09 per basic and diluted share compared to a net loss for fiscal 2011 of $92,000 or $0.00 per basic and diluted share. The company's financial results for fiscal 2012 reflected the impact of fiscal uncertainty on defense spending, both in the United States and around the world. Loss from operations was $2,027,000 compared to income from operation of $47,000 reported a year ago. Loss before provision for income taxes was $2,187,000 compared to $90,000 reported a year ago.

The company is optimistic about its opportunities for renewed growth and profitability in fiscal 2013.