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Earnings News & Notes

Cal Biesecker By
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American Science & Engineering [ASEI]                                      3Q14               3Q13               Sales                            $37.8M            $50.8M Net Inc.                       $1.6M, 0.20     $6.1M, 0.73 Sales fell 26% largely due to a delay of a shipment of Z Backscatter Vans (ZBV) while in transit and also to declines in the company’s other product and services lines with the exception of people and parcel screening systems. The order has since been delivered, the AS&E says. The lower sales, coupled with a $900,000 increase in research and development spending led…

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