Hauppauge Digital Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2011. For the quarter, the company reported net sales of $15,427,227 compared to $12,862,946 a year ago. Income from operations was $898,644 compared to loss from operations of $524,245 a year ago. Income before income taxes was $917,211 compared to loss before income taxes of $491,163 a year ago. Net income was $443,932 or $0.04 basic and diluted per share compared to net loss of $738,220 or $0.07 basic and diluted per share a year ago. The increase in sales coupled with the reduction in expenses resulted in an operating profit for the first time since the financial crises hit in 2008.