Teleste Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net sales of EUR 51.1 million, operating profit of EUR 2.9 million, net profit of EUR 2 million or EUR 0.11 per dilutes share as compared to net sales of EUR 41.3 million, operating profit of EUR 0.5 million, net profit of EUR 0.3 million or EUR 0.02 per diluted share for the same period prior year. Cash flow from operations was EUR 5 million as compared to cash out flow from operations of EUR 1 million for the same period prior year. Profit before taxes was EUR 2.8 million as compared to EUR 387,000 for the same period prior year. Purchases of property, plant and equipment was EUR 582,000 as compared to EUR 991,000 for the same period prior year. Purchases of intangible assets amounted to EUR 280,000 as compared to EUR 551,000 for the same period prior year. Return on equity was 14.30% as compared to 2.20% for the same period prior year. The company estimates the 2012 net sales and operating profit to increase from the level of 2011.