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Cogent Systems [COGT] 4Q09 4Q08 FY09 FY08 Sales $37.9M $40M $129.6M $125.7M Net Inc. $9.4M, 0.10 $11.5M, 0.13 $32.5M, 0.36 $45.2M, 0.50 Earnings fell 18% on higher taxes and a $600K non-cash charge for stock-based compensation expense. Sales fell 5% as the company is having trouble with the timely recording of revenues for its fingerprint matching software. The company had expected between $130M-$135M in revenues. Sales drivers in the quarter included work for the U.S. Census, the US- VISIT program,…

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