American Science and Engineering [ASEI] 3Q11 3Q10 Sales $76.6M $54.9M Net Inc. $11.8M, 1.28 $5.8M, 0.64 Net income more than doubled on a 40% increase in sales and higher margins, which improved due to product mix and cost reductions. Sales increased in each of AS&E's product lines except parcel, which was relatively flat from a year ago. The company put out strong free cash flow, $15.8 million, and repurchased $8.1 million worth of its shares. The sales breakout by product…
Earnings News and Notes
SHARE:
