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Earnings News and Notes

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American Science and Engineering [ASEI] 1Q12 1Q11 Sales $51.1M $53.6M Net Inc. 5.7M, 0.61 6.8M, 0.74 Sells fell nearly 5% due to a decline in revenues in the company's cargo and Z Backscatter Van (ZBV) product lines. Company officials attribute the declines to ongoing order delays stemming from a number of issues such as budget and debt ceiling issues in the U.S., with the latter issue impacting spending decisions by European governments, the Arab spring, and fallout from the tsunami…

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