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Earnings News & Notes

Cal Biesecker By
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Implant Sciences [IMSC] 1Q15               1Q14               Sales                            $1.8M              $1.2M Net Inc.                       ($5.4M, 0.08)  ($6M, 0.10) Losses declined on the 60% increase in sales, lower stock-based compensation expense and a decrease in operating expenses. Research and development expenses rose 4% to nearly $1.3 million. A nearly 350% increase in the number of handheld QS-H150 explosives trace detectors (ETDs) sold drove the top line gain, due to increased shipments to customers in China and Africa. Implant also reported higher sales of parts…

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Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

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Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

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