Rogozin vs. Sikorski
Robert Amsterdam (November 17th, 2009) Writes:
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API Nanotronics Corp., a prime contractor for secure communications and electronic components to the global defense and aerospace industry announced operating results for the first quarter of fiscal 2010 ended August 31, 2009.
Financial Highlights:
– Net revenue for the first quarter of fiscal 2010 was $9.2 million, a 16% increase over fiscal 2009 first quarter revenue of $7.9 million. This revenue includes the contribution from Cryptek as at the date of the acquisition on July 07, 2009;
– First quarter Gross Profit increased to $2.3 million in the first quarter of fiscal 2010 compared to $2.1 million in the first quarter of fiscal 2009. Gross Margins in the company’s electronic component and sub-system product lines improved by 4% to 30.3% on a year-over-year basis due to rationalization and efficiency efforts undertaken during fiscal 2009;
– GAAP net loss for the quarter was $0.8 million or $0.02 per share, compared to a loss of
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Robert Amsterdam (October 12th, 2009) Writes:
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