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Homeland Security

Earnings News and Notes

DDN

Wednesday, November 11th, 2009

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American Science and Engineering [ASEI] 2Q10 2Q09 Sales $61.2M $56.3M Net Inc. $10.7M, 1.18 $7.4M, 0.83 Net income increased 45% on an improved product mix mainly related to sales of Z Backscatter Vans (ZBV) and ZBV military trailers, and controlling growth in operating costs. The 9% increase in sales was driven by shipments in ZBVs and ZBV Mil Trailers and related field service support. Sales of cargo systems were relatively flat while parcel and government funded research and development revenues…

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