SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-QSB/A (Mark One) X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 1995 ___ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ____________ Commission File: No. 0-2052 GODDARD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Massachusetts 04-2268165 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 705 Plantation Street, Worcester, Massachusetts 01605 (Address of principal executive office) (Zip Code) Registrant's telephone number, including area code (508) 852-2435 Check whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No State the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. Title of Each Class of Number of Shares Outstanding Common Stock Outstanding at March 31, 1995 Common Stock, $.01 par value 2,032,804 Transitional Small Business Disclosure Format Yes ___ No _X_ EXHIBIT (27) This schedule contains summary financial information extrancted from Form 10-QSB and is qualified in its entirety by reference to such financial statements. 3-MOS 6-MOS Fiscal year end Sep 30 1995 Period start Jan 01 1995 Oct 01 1994 Period end Mar 31 1995 Mar 31 1995 CASH 133,519 SECURITIES 0 RECEIVABLES 798,310 ALLOWANCES 23,800 INVENTORY 2,938,361 CURRENT ASSETS 3,924,083 PP&E 3,260,107 DEPRECIATION 2,284,723 TOTAL ASSETS 5,053,282 CURRENT LIABILITIES 757,053 COMMON 20,328 OTHER 2,322,542 TOTAL LIABILITY 5,053,282 AND EQUITY SALES 1,648,998 3,054,251 TOTAL REVENUES 1,655,265 3,063,922 COS 1,078,753 2,013,736 TOTAL COSTS 389,222 765,053 INTEREST EXPENSES 38,439 72,906 LOSS PROVISIONS 3,000 6,000 INCOME PRETAX 148,851 212,226 INCOME TAX 62,500 90,200 NET INCOME 86,351 122,026 EPS .04 .06 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused the Report to be signed on its behalf by the undersigned thereunto duly authorized. Dated as of August 11, 1995 GODDARD INDUSTRIES, INC. by /s/ Saul I. Reck Saul I. Reck, President, Chief Executive Officer and Principal Financial Officer - 13 -