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 17, 2017                                                  

                                                 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                                              

Not applicable

(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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1394 (240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

Item 2.02   Results of Operations and Financial Condition.
              
On May 17, 2017, Hickok Incorporated issued a news release announcing results for the three and six months ended March 31, 2017. The news release is furnished herewith as Exhibit 99.1.

Item 9.01   Financial Statements and Exhibits.
              
99.1  News Release, dated May 17, 2017     

(d) Exhibits.

Exhibit Number	Description of Exhibit
99.1	News Release Dated May 17, 2017

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/ Kelly J. Marek                      
Kelly J. Marek                            
Vice President and Chief Financial Officer                

Date:    May 17, 2017

EXHIBIT INDEX

Exhibit Number	Description of Exhibit
99.1	News Release Dated May 17, 2017

EX-99.1

Exhibit 99.1

Contact: Brian E. Powers
HICKOK INCORPORATED
10514 Dupont Avenue
Cleveland, Ohio 44108
216-541-8060


May 17, 2017
FOR IMMEDIATE RELEASE

HICKOK INCORPORATED REPORTS SECOND QUARTER RESULTS

CLEVELAND, OH, MAY 17, 2017 Hickok Incorporated (OTC Pink: HICKA), a Cleveland-based supplier of products and services for the automotive, trucking, locomotive, and aircraft industries, today reported operating results for the three-month and six-month periods ended March 31, 2017.    

For the quarter ended March 31, 2017, sales were $3.3 million compared with $1.0 million in the same period last year, an increase of $2.3 million or 220%. For the quarter ended March 31, 2017, the Company recorded net income of $213,140 or $0.07 per share, compared with a net loss of $464,444 or ($0.28) per share, in the same period last year.

For the six-months ended March 31, 2017, sales were $5.7 million compared with $2.4 million in the same period last year, an increase of $3.3 million or 135%. For the six months ended March 31, 2017, the Company recorded a net loss of $100,566 or ($0.04) per share, compared with a net loss of $511,633 or ($0.31) per share, in the same period last year.

Brian Powers, Chairman and CEO, said, “The company had a profitable second quarter and performed as expected. We expect the third fiscal quarter to again be profitable and we are on track to reach our revenue and earnings goals for the year.”

For over 100 years, Hickok has provided high-quality products and services for the automotive, trucking, locomotive, and aircraft industries. Hickok designs and manufactures diagnostic tools and equipment sold to the automotive industry, as well as indicators and gauges sold primarily to companies in the aircraft and locomotive industries. In addition, the company sells flexible metal and silicone hose products primarily to the trucking industry and other industrial end-users.

Certain statements in this news release, including discussions of management's expectations for fiscal 2017, 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 integrate acquisitions and manage the larger operations of the combined business, effectively develop and market new products, overall market and industry conditions, the Company's ability to capitalize on market opportunities, the Company's ability to satisfy its interest payments and 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.

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HICKOK INCORPORATED

Consolidated Income Statement (Unaudited)

	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2017			2016			2017			2016
Net sales	$	3,346,315		$	1,046,624		$	5,703,241		$	2,423,496
Costs and expenses:
Costs of sales		1,968,801			694,544			3,742,489			1,435,065
Product development		217,316			272,710			456,326			519,483
Marketing and administrative expenses		894,302			542,910			1,545,876			981,135
Interest charges, net of other income		48,192			3,162			98,961			3,336
Legal Matter		0			0			(50,000	)		0
Other (Income) Expense		(3,563	)		(2,258	)		(5,972	)		(3,890	)
Total Costs and Expenses		3,125,048			1,511,068			5,787,680			2,935,129
Income (loss) before Provision for Income Taxes		221,267			(464,444	)		(84,439	)		(511,633	)
Provision for (Recovery of) Income Taxes		8,127			0			16,127			0
Net income (loss)	$	213,140		$	(464,444	)	$	(100,566	)	$	(511,633	)
Net income (loss) per common share
Basic	$	0.07		$	(0.28	)	$	(0.04	)	$	(0.31	)
Diluted	$	0.07		$	(0.28	)	$	(0.04	)	$	(0.31	)
Weighted average shares outstanding
Basic		2,877,493			1,638,215			2,865,165			1,638,215
Diluted		2,964,729			1,638,215			2,865,165			1,638,215

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