8-K

UNITED STATES
SECURITIES AND EXCHANGE  COMMISSION
WASHINGTON, DC 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)      May 13, 2010                                                  


                                                 HICKOK INCORPORATED                                                        
(Exact name of registrant as specified in its charter)

                 Ohio              
(State or other jurisdiction
of incorporation)
                 0-147                
(Commission
File Number)
         34-0288470      
(IRS Employer
Identification No.)

    10514 Dupont Avenue      Cleveland, Ohio                                                                                44108
    (Address of principal executive offices)                                                                             (Zip Code)


Registrant's telephone number, including area code         (216) 541-8060                                              


                                                                                                                                                                    
(Former name or former address, 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
              
             On May 13, 2010,  Hickok Incorporated issued a news release announcing results for its fiscal 2010 second quarter and six months ended March 31, 2010. The news release is furnished herewith as Exhibit 99.1.

Item 9.01   Financial Statements and Exhibits
              
              99.1  News Release, dated May 13, 2010

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.

HICKOK INCORPORATED                    

By:  /s/ Robert L. Bauman                        
Robert L. Bauman                            
   President and CEO                          

Date:    May 13, 2010

EXHIBIT  INDEX

            Exhibit                Description of Exhibit
           
            99.1                    News Release, dated May 13, 2010

EX-99.1 CHARTER

Exhibit 99.1

Contact: Robert L. Bauman
HICKOK INCORPORATED
10514 Dupont Avenue
Cleveland, Ohio 44108
216/541-8060
  May 13, 2010
FOR IMMEDIATE RELEASE

HICKOK INCORPORATED REPORTS SECOND QUARTER
AND FISCAL FIRST HALF RESULTS
CLEVELAND, OH, May 13  Hickok Incorporated (OTC Bulletin Board: HICKA.OB), a Cleveland based supplier of products and services for the automotive, emissions testing, locomotive, and aircraft industries, today reported operating results for the second quarter and six months ended March 31, 2010. 

For the quarter ended March 31, 2010, the Company recorded a net loss of $335,542 or $.27 per share, compared with a net loss of $2,245,253 or $1.80 cents per share, in the same period a year ago. During the prior year quarter a valuation allowance of $1,645,200 was recorded against the deferred tax assets. Sales in the second quarter were $1,394,060 up 4% from $1,335,056 a year ago.

In the first fiscal half, the Company reported a net loss of $270,833 or $.22 per share, compared with a net loss of $3,390,606 or $2.72 cents per share, in the same period a year ago. Sales were $3,030,777 up 22%, compared to $2,494,119 in last year's first half. The current year first half results showed improvement due primarily to the completion of an order for diagnostic testing equipment to an OEM and cost cutting measures implemented in fiscal 2009. During the prior year six month period a valuation allowance of $1,845,200 was recorded against the deferred tax assets.

Robert L. Bauman, President and CEO, said "The second quarter and first half operating results were significantly improved from a year ago but we are still experiencing very tight markets in most of the markets we serve.”  In addition he said "A project for a major OEM has resulted in the OEM Recommending our diagnostic tool for fuel injection testing of their diesel and direct injection gasoline engines to all their dealerships. We anticipate moderate revenues from this product beginning  in our fourth quarter. We also believe in the future other OEMs will be interested in the new tool and its novel technology for testing their vehicles.”  He added, “The cost cutting measures will continue until our markets begin to improve and we are certain a recovery of the markets is underway.”

Backlog at March 31, 2010 was $519,000, a decrease of 31% from the backlog of $755,000 a year earlier. The decrease was due to decreased orders in automotive diagnostic products of approximately$115,000, specifically,  $8,000 for diagnostic products to the aftermarket which includes emissions products and a decrease in orders for automotive diagnostic products to automotive OEMs of approximately $107,000. In addition, indicator products decreased by approximately $121,000.The Company anticipates that most of the current backlog will be shipped in the last half of fiscal 2010.

The Company's financial position remains strong, with current assets of $3,912,662 that are 7.5 times current liabilities, and no long-term debt. Working capital at March 31, 2010 totaled $3,388,206 and shareholder's equity was $3,951,352 or $3.17 per share.

Hickok provides products and services primarily for the automotive, emissions testing, locomotive, and aircraft industries. Offerings include the development, manufacture and marketing of electronic and non-electronic automotive diagnostic products used for repair and emission testing. The Company also develops and manufactures indicating instruments for aircraft, locomotive and general industrial applications.

Certain statements in this news release, including discussions of management's expectations for fiscal 2010, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ from those anticipated as a result of risks and uncertainties which include, but are not limited to, Hickok's ability to effectively develop and market new products serving customers in the automotive aftermarket, overall market and industry conditions, the Company's ability to capitalize on market opportunities, the Company's ability to obtain cost effective financing as well as the risks described from time to time in Hickok's reports as filed with the Securities and Exchange Commission.

HICKOK INCORPORATED
Consolidated Income Statement (Unaudited) 

	3 MONTHS		6 MONTHS
Period ended March 31	2010	2009	2010	2009
Net sales	$1,394,060	$1,335,056	$3,030,777	$2,494,119
Income (loss) before Income tax	(335,542)	(600,053)	(270,833)	(1,545,406)
Income (recovery of) taxes	-	1,645,200	-	1,845,200
Net income (loss)	(335,542)	(2,245,253)	(270,833)	(3,390,606)
Basic income (loss) per share	(.27)	(1.80)	(.22)	(2.72)
Diluted income (loss) per share	(.27)	(1.80)	(.22)	(2.72)
Weighted average shares outstanding	1,248,095	1,248,095	1,248,095	1,248,095