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                                EXHIBIT 11

                             APA OPTICS, INC.

<TABLE>
<Cation>
                         Statement RE: Computation
                           of Per Share Earnings


                            Three months ended          Nine months ended
                               December 31                 December 31     
                            1995         1994           1995         1994
<S>                      <C>                         <C>
Average common          
  shares outstanding     7,986,007     7,376,575     7,651,545   7,309,294
           

Dilutive stock options
  and warrants (A)          43,562             0             0           0
  

Total                    8,029,569     7,376,575     7,651,545   7,309,294
       

Net income (loss)        $  33,894     $ (62,032)     $ 32,202   $(304,895)
             

Per share amount             $ .00         $(.01)       $ .00        $(.04) 

</TABLE>
(A) Calculated using the "treasury stock" method.