8-K

                          UNITED STATES
                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): November 11, 2003
                                                  -----------------

                       MICRONETICS, INC.
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       (Exact name of registrant as specified in its charter)



Delaware                         0-17966       22-2063614
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(State or other jurisdiction    (Commission   (IRS Employer
of incorporation)                File Number)  Identification No.)


26 Hampshire Drive    Hudson,   NH                   03051
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(Address of principal executive offices)          (Zip Code)


Registrant's telephone number, including area code: (603) 883-2900
                                                   ----------------


- --------------------------------------------------------------------
(Former name or former address, if changed since last report.)



The information in this report, including the exhibit, is provided
under Item 12 of Form 8-K and, pursuant to General Instruction B.6.
thereafter, shall not be deemed "filed" for purposes of Section 18
of the Securities Exchange Act of 1934 or otherwise subject to the
liability of that section.  Furthermore, the information in this
report, including the exhibit, shall not be deemed to be
incorporated by reference into the filings of the registrant under
the Securities Act of 1933.


Item 7.   Financial Statements And Exhibits.

(c)  Exhibits.

Exhibit 99.1   Text of Press Release issued by Micronetics, Inc.
               dated November 11, 2003.


Item 12.  Results of Operations and Financial Condition.

On November 11, 2003, Micronetics, Inc. issued a press release
announcing its financial results for its fiscal quarter ended
September 30, 2003.  A copy of the press release is furnished as
Exhibit 99.1 to this report.


                       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.



                              MICRONETICS, INC.


Dated: November 13, 2003      By:/s/David Robbins
                                 ------------------------
                                 David Robbins, President





                         EXHIBIT INDEX



Exhibit 99.1        Press Release dated November 11, 2003.

EX-99.1

                                             Exhibit 99.1





FOR IMMEDIATE RELEASE:                                       News
                                                      Nasdaq/NOIZ


Micronetics Reports 25% Rise in Q2 Revenues; Profits up 14%


     Hudson,  NH  --  (BUSINESS WIRE)  --  November  11,  2003 --
Micronetics, Inc. (Nasdaq/NOIZ) announced financial  results  for
its second quarter and first half of its fiscal year ending March
31, 2004 (FY2004).

     Net  sales  for  the  first  half  of  FY2004  increased  to
$6,354,755  from  $4,995,911 in the  first  half  of  FY2003,  an
increase of $1,358,844 or 27%. Net income for the first  half  of
FY2004 was $685,185, or $.15 per diluted share, as compared  with
$590,823,  or $.13 per diluted share, in the same period  a  year
ago.   This  is an increase of $94,362 or 16% during the  current
six month period.

     Net  sales  for Q2 of FY2004 were $3,328,860 as compared  to
$2,654,262 for Q2 FY2003, an increase of $674,598 or  25%.   This
is  an increase of $302,965, or 10% over Q1 FY2004 revenues.  Net
income  for Q2 FY2004 was 370,454, or $.08 per diluted share,  as
compared  with $323,670, or $.07 per diluted share, in  the  same
quarter a year ago.  This is an increase of $46,783 or 14% from a
year ago.

     David  Robbins, President and CEO stated, "During the  first
half  of  FY2004, we saw significant revenue increases  from  our
Defense  Electronics Group.  About half of this increase was  due
to the recent acquisition of Microwave Concepts, Inc.  Right now,
based  on  current  backlog,  we  are  optimistic  our  financial
performance in FY2004 will continue to reflect increased revenues
and profitability over FY2003."

     Micronetics, operating through its Defense Electronics, Test
Solutions  and  VCO Products Groups, manufactures  microwave  and
radio frequency (RF) components and integrated subassemblies used
in  a  variety of defense, aerospace and commercial applications.
Micronetics  also  manufactures and designs  test  equipment  and
components  that test the strength, durability and  integrity  of
communication  signals  in communications equipment.  Micronetics
serves  a  diverse customer base, including Aerosat, BAE Systems,
Boeing,   EADS,  Honeywell,  ITT,  L-3  Communications,  Lockheed
Martin, NEC, Northrop Grumman, Raytheon, Teradyne, Tektronix  and
Thales.  Micronetics, with facilities in CT, MA, NH and NJ,  also
operates  through its wholly-owned subsidiaries, Enon  Microwave,
Inc.,  Microwave  &  Video Systems, Inc. and Microwave  Concepts,
Inc.

      Some  of the statements contained in this news release  are
forward-looking  statements.  The accuracy  of  these  statements
cannot  be guaranteed as they are subject to a variety of  risks,
including  but  not limited to the success of the  products  into
which the Company's products are integrated, internal projections
as  to  the  demand  for certain types of equipment,  competitive
products  and  pricing,  the success of new  product  development
efforts,  the timely release for production and the  delivery  of
products under existing contracts, access to financial resources,
future  economic conditions generally, as well as other  factors.
The information in this release should be reviewed in conjunction
with  Micronetics' Annual Report for its fiscal year ended  March
31, 2003.



 
INCOME STATEMENT DATA
(000s omitted except per share data)




                            Six Months Ended   Three Months Ended
                              September 30,       September 30,
                              2003     2002      2003      2002
                             ------   ------   -------    ------
                                             


Net sales                   $6,355   $4,996    $3,329    $2,654
Net income                     685      591       370       324
Net income per diluted share:  .15      .13       .08       .07

Wgt. avg. shares
 Outstanding-diluted:        4,600    4,442     4,694     4,434







BALANCE SHEET DATA

                              Sept. 30, 2003      March 31, 2003
                              --------------      --------------
                                                

Working capital                  $ 6,879              $ 6,570
Total assets                      12,632               12,147
Non-current liabilities            1,117                1,560
Shareholders' equity               9,941                9,084





CONTACT:

David Robbins, President
Micronetics, Inc.
(603) 883-2900 x 317