Aerospace Group:

Homeland Security

Earnings News and Notes

DDN

Wednesday, May 27th, 2009

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American Science and Engineering [ASEI] 4Q09 4Q08 FY09 FY08 Sales $57.3M $42M $218.4M $166.7M Net Inc. $8.2M, 0.92 $2.8M, 0.30 $28.4M, 3.18 $17.5M, 1.31 Net income soared on the 36% increase in sales, in particular higher sales of cargo inspection systems, and a decline in warranty reserves. The sales charge was led by the cargo, Z backscatter systems and field service lines of business, offset somewhat by declines in the parcel screening product line and contract research and development. The…

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