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Earnings News and Notes

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American Science and Engineering [ASEI] 1Q10 1Q09 Sales $54.7M $39.5M Net Inc. $7.3M, 0.81 $2.7M, 0.30 Earnings more than doubled on a 38% boost in sales, which benefited from handsome gains in the high margin Z Backscatter Van (ZBV) systems. Operating expenses as a percentage of sales were down. Despite the strong results from a year ago, analysts were disappointed as they had expected more sales of the ZBV military trailers, and the company had a fall off in revenues…

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