Schmitt Industries, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended November 30, 2016. For the three months ended November 30, 2016, total sales decreased $418,208, or 13.6%, to $2,655,561 from $3,073,769 in the three months ended November 30, 2015. Net loss was $382,470, or $0.13 per fully diluted share, for the three months ended November 30, 2016 as compared to net loss of $403,787, or $0.13 per fully diluted share, for the three months ended November 30, 2015. Operating loss was $352,542 against $377,725 a year ago. Loss before income taxes was $376,120 against $396,816 a year ago. For the six months ended November 30, 2016, total sales decreased $630,060, or 10.2%, to $5,548,093 from $6,178,153 in the six months ended November 30, 2015. For the six months ended November 30, 2016, net loss was $508,099, or $0.17 per fully diluted share, as compared to net loss of $598,849, or $0.20 per fully diluted share for the six months ended November 30, 2015. Operating loss was $468,309 against $560,027 a year ago. Loss before income taxes was $493,720 against $585,038 a year ago.