WALTHAM, Mass. -- Steinway Musical Instruments Inc. has reported results for the second quarter and first six months of 2009.

For the second quarter, the musical instrument manufacturer posted a net loss of $620,000, compared with net income of $3.05 million in the second quarter of 2008. Net sales were down 27 percent to $72.1 million from the $98.5 million.

Net income year-to-date dropped to $385,000 from $5.02 million in 2008. For the same period, net sales fell to $142.1 million from $192.7 million one year ago.

Steinway management described the current market as "very uncertain" and said its factories are operating at "significantly reduced production levels to reflect the weak demand."