American Science & Engineering [ASEI] 4Q08 4Q07 FY08 FY07 Sales $42M $45.9M $166.7M $153.2M Net Inc. $2.8M, $0.30 $5.8M, 0.60 $17.5M, 1.87 $24.6M, 2.38 The 52% drop in net income was a disappointment to both analysts and the company and was driven by a steep decline in sales of Z Backscatter Vans, which made up $7.1M of the sales, 62% less than a year ago. Lower ZBV sales were partially offset by sharp increases in other product areas, particularly Parcel…
Earnings News and Notes
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