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):June 2, 2004
                                                  --------------


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


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



26 Hampshire Drive    Hudson,   NH                   03051
- ------------------------------------------------------------------
(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 June 2, 2004.


Item 12.  Results of Operations and Financial Condition.

     On June 2, 2004, Micronetics, Inc. issued a press release
announcing its financial results for its fiscal quarter ended March
31, 2004.  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: June 25, 2004        By:/s/David Robbins
                               -----------------------
                              David Robbins, President




                         EXHIBIT INDEX



Exhibit 99.1        Press Release dated June 2, 2004.

EX-99.1

FOR IMMEDIATE RELEASE

Micronetics Reports Q1 FY2005 Results; Sales rise 11.7%

Hudson, NH--(BUSINESS WIRE)--August 9, 2004--Micronetics, Inc.
(Nasdaq/NOIZ) announced financial results for its first quarter
of its fiscal year ending March 31, 2005 (FY2005). For Q1 of
FY2005, the Company had net sales of   $ 3,379,331  compared
to net sales of $ $3,025,895 for Q1 FY2004, an increase of
$353,436 or 11.7%.  For Q1 of FY2005, the Company had net
income of $349,947, or $.08 per share, basic and diluted,
compared to net income for Q1 of the prior fiscal year of
$314,731, or $.07 per share, basic and diluted.  This is
an increase of 35,216 or 11% compared to the same period
last year.

Current period earnings were impacted by approximately
$118,000 from a one-time charge to settle a legal
matter.  Excluding this charge, net of taxes,
net income for the quarter would have been
approximately $427,000 or $.10 per share.

Net earnings were also impacted by higher tax provisions of
$188,433 compared to $55,541 last year, an increase of
$132,892. Pretax earnings increased $168,108 or 45%
compared to the same period last year.

David Robbins, President & CEO, stated, "We realized
strong revenue growth from Commercial Products Group
in several market segments, especially in SoC
(System on Chip) and handheld test instrumentation.
We are optimistic our financial performance
in FY2005 will continue to reflect increased
revenues and profitability over FY2004."

Micronetics, operating through its Defense Electronics
Group, designs and manufactures microwave and radio
frequency (RF) components and integrated subassemblies
used in a variety of defense, aerospace and commercial
applications. Operating through its Test Solutions and
VCO Products Groups, Micronetics designs and manufactures
test equipment and components that are utilized in, or
test the strength, durability and integrity of
communication signals in, military or communications
equipment or systems. Micronetics serves a diverse
customer base, including Aerosat, Alcatel, BAE Systems,
Boeing, EADS, Ericsson, Honeywell, L-3 Communications,
Lockheed Martin, Motorola, NEC, Northrop Grumman,
Raytheon, Southwest Research, Teradyne, Tektronix
and Thales. Micronetics also operates through its
wholly-owned subsidiaries, Enon Microwave, Inc.,
Microwave Concepts, Inc. and Microwave & Video
Systems, 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 on Form 10-KSB for its
fiscal year ended March 31, 2004.

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

			      Quarter Ended June 30
			        2004          2003
                         -------       ------

Net sales                 3,379    	    3,026

Gross profit              1,540         1,264

Selling, general and
 administrative expenses    787           702

Other income                 19             2

Income before income taxes  538           370

Net income                  350           315

Net income per common share:
 Basic                    $ .08         $ .07
 Diluted                  $ .08         $ .07

Weighted average shares
 Outstanding:
 Basic                   4,287          4,457
 Diluted                 4,362          4,505


BALANCE SHEET DATA
($000s omitted)
	 			  June 30,     March 31,
				   2004         2004
                          -----         -----
Cash, cash equivalents and
 investments		  3,078        2,700
Working capital	        7,281        6,752
Total assets		 13,402	  12,964
Non-current liabilities   1,022        1,083
Shareholders' equity	 10,526        9,830

Contact:
Micronetics
David Robbins, President
603-883-2900 x310