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ICx Technologies [ICXT] 4Q09 4Q08 FY09 FY08 Sales $48.2M $52.7M $183.4M $170.2M Net Inc. ($2.1M, 0.06) ($2M, 0.06) ($10.7M, 0.31) ($27.1M, 0.79) Losses remained level in the quarter despite an 8% drop in sales due in part to an increase in gross margins, which in turn was due to an increase in sales from higher margin products. Losses were worse than consensus estimates of 3 cents EPS. ICx boosted its on spending on research and development as it readies for…

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