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Earnings News & Notes

By Cal Biesecker

Tuesday, May 19th, 2015

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American Science & Engineering [ASEI] 4Q15 4Q14 FY15 FY14 Sales $31.2M $65.6M $126.8 $190.2Net Inc. $877K, 0.13 $4.0M, 0.50 $979K, 0.18 $15.1M, $1.91Sales fell 52% on a drop in large cargo revenue, which benefited a year ago from completion of a project completion, and lower mobile cargo revenue, despite increase revenue from field service. Net income tumbled on the lower revenue and higher research and development, and selling, general and administrative costs as a percent of sales. Despite the…

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