8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 17, 2007

AEROSONIC CORPORATION
(Exact name of registrant as specified in its charter)

Delaware	1-11750	74-1668471
State or other jurisdiction of incorporation or organization	(Commission File Number)	(I.R.S. Employer Identification No.)

1212 North Hercules Avenue
Clearwater, Florida 33765
(Address of principal executive offices and Zip Code)

(727) 461-3000
(Registrant’s telephone number, including Area Code)

Not applicable
(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition

(a)   On September 17, 2007, Aerosonic Corporation issued a press release announcing its financial results for the second quarter of  fiscal year 2008.

Item 9.01. Financial Statements and Exhibits

(a) Not applicable  

(b) Not applicable  

(c) Not applicable  

(d) Exhibits  

99.1 Press Release of Aerosonic Corporation, dated September 17, 2007, reporting Aerosonic Corporation’s financial results for the second quarter of fiscal year 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AEROSONIC CORPORATION
Dated: September 17, 2007	By: /s/ David A. Baldini
	David A. Baldini
	Chairman of the Board
	President and Chief Executive Officer

EXHIBIT INDEX

Exhibit Number Description

Exhibit 99.1 Press Release, dated September 17, 2007, reporting Aerosonic Corporation’s financial results for the second quarter of fiscal year 2008.

EX-99

Exhibit 99.1

Agency Contact:
Pam Lagano
Lagano & Associates, Inc.

727.480.3082

plagano@laganoassoc.com
 

For Immediate Release

Aerosonic Reports Second Quarter Results

CLEARWATER, Fla. -- September 17, 2007 -- Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced that today it filed its quarterly report on Form 10-Q for the quarter ended July 27, 2007, with the United States Securities and Exchange Commission.

	Three Months Ended		Six Months Ended
	July 27, 2007	July 28, 2006	July 27, 2007	July 28, 2006
Revenues	$     5,292,000	$   7,595,000	$   12,117,000	$16,076,000
Net income	$  (1,303,000)	$      (77,000)	$  (1,241,000)	$     506,000
Earnings per share Basic	$            (0.37)	$       ($ 0.02)	$           (0.35)	$          0.14

For its fiscal quarter ended July 27, 2007, the Company reported revenues of approximately $5.3 million, down 30% as compared to revenues of approximately $7.6 million for the fiscal quarter ended July 28, 2006. This decrease compared to last year was primarily attributed to consolidation of the Wichita, Kansas and Earlysville, Virginia facilities with the Florida location. Revenue recognition on the F-35 (Joint Strike Fighter) development program was also lower as the Company recognized increased subcontract costs.

The Company reported a net loss for the quarter ended July 27, 2007 of approximately $1.3 million, or ($0.37) basic earnings per share, versus a net loss of ($77,000), or ($0.02) basic earnings per share for the quarter ended July 28, 2006. This decrease was the result of lower revenue and gross profits driven primarily by the constriction of production capacity during the cross-training required by the consolidation. During the second quarter, the Company incurred approximately $503,000 of costs related to the planned closure of its Earlysville, Virginia facility. The Company incurred approximately $785,000 of costs related to the consolidation for the six months ended July 27, 2007.

"We are making a significant investment in our people, equipment and facilities in the interest of successfully completing our consolidation," stated David Baldini, Aerosonic's Chairman, President and Chief Financial Officer. "While this investment has had a substantial impact on our current financial performance, it will result in a structure that will help provide resources to improve earnings and fund research and development. By adding new products such as Primary Flight Displays and creating a structure that allows us to be more competitive, we have positioned the Company to take advantage of new opportunities that exist within our marketplace. We expect that the steps we are currently taking will result in a stronger more agile and better performing company in the future."

Aerosonic Corporation, headquartered in Clearwater, Florida, is principally engaged in the manufacture of aviation products. Locations of the Company include Clearwater, Florida and Earlysville, Virginia. For additional information, visit the Company’s website at www.aerosonic.com.

This document contains statements that constitute "forward-looking" statements within the meaning of the Securities Act of 1933 and the Securities Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. "Forward-looking" statements contained in this document include the intent, belief or current expectations of the Company and its senior management team with respect to future actions by officers and directors of the Company, prospects of the Company's operations, profits from future operations, overall future business prospects and long term stockholder value, as well as the assumptions upon which such statements are based.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors that could cause actual results to differ materially from those contemplated by the forward-looking statements in this document include, but are not limited to, adverse developments involving operations of the Company's business units, failure to meet operating objectives or to execute the business plan, and the failure to reach revenue or profit projections. The Company undertakes no obligation to update or revise the forward-looking statements contained in this document to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results over time.