ICx Technologies [ICXT] 4Q08 4Q07 FY08 FY07 Sales $53.1M $41.5M $171.7M $136.2M Net Inc. ($2.0M, 0.6) ($7.6M, 0.32) ($26.9M, 0.79) ($38.3M, 2.85) Losses narrowed in the quarter on 28% higher sales and sharply lower operating costs, which the company will continue to focus on. Analysts had expected ICx to post a two cent earnings per share profit in the quarter. Sales gains were attributed to demand from military and state and local customers in its Surveillance and Solutions business lines,…
Recommended
Trending
Congress Updates
Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says
A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]
Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities
The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]
Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons
Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]
Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability
A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]