Williams Controls Inc. announced unaudited consolidated financial results for the third quarter and nine months ended June 30, 2009. For the quarter, the company has reported operating loss of $633,000, loss before income taxes of $631,000 and net loss of $333,000 or $0.05 per diluted share on net sales of $8,444,000 compared to operating income of $3,162,000, income before income taxes of $3,266,000 and net income of $2,197,000 or $0.28 per diluted share on net sales of $17,137,000 reported in the same period last year. The second quarter operating loss included charges of $550,000 for asset reserves and legal settlements. Sales for the nine months ended June 30, 2009, decreased $20,327,000, or 41.8%, to $28,266,000 from $48,593,000 for the comparable period last year. Net loss for the period was $2,374,000, or $0.32 per diluted share, compared to net income of $5,833,000, or $0.75 per diluted share, for the nine months ended June 30, 2008. For the nine months, the company also reported operating loss of $3,424,000 and loss before income taxes of $3,819,000 against operating income of $8,582,000 and income before income taxes of $8,695,000 reported last year.

Williams Controls Inc. expected to Report Fiscal Year 2009 Results on December 7, 2009. This event was calculated by Capital IQ (Created on August 3, 2009).

Williams Controls Inc. provided capital expenditures guidance for the full year of 2009. For the year, the company expects to be approximately $2 million. The company has been to maintain a positive cash flow while not sacrificing new product development or sales activity.