American Science & Engineering [ASEI] 2Q14 2Q13 Sales $43.8M $46.3M Net Inc. $4.7M, 0.60 $6.4M, 0.76 Net income declined 27% due to $1.5 million in charges related to separate contracts for cargo screening efforts and a 5% decline in sales. The decline in sales was driven by decreases in revenue from cargo and mobile cargo products, which was partially offset by an increase in field service business. Cargo sales in the quarter were $8.9 million, mobile cargo $8.4 million,…
Earnings News & Notes
Defense Daily Staff
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