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Earnings News & Notes

Defense Daily Staff Defense Daily Staff
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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,…

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