American Science and Engineering [ASEI] 2Q09 2Q08 Sales $56.3M $37.6M Net Inc. $7.4, $0.83 $4.5M, 0.48 Earnings soared 64% on a 50% gain in sales, reduced costs as a percent of sales, and a favorable product mix. Sales increased in each of its product categories except contract research and development (R&D). The sales breakout was as follows: cargo ($10.7M); z backscatter systems ($21.7M); parcel systems ($2.5M); field service ($19.3M); and contract R&D ($2.1M). AS&E officials say the higher field service…
Earnings News and Notes
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