| Elecsys' Sales Up, Loss Narrows |
 |
 |
| Written by Mike Buetow | |||
| Thursday, 29 July 2010 09:08 | |||
|
OLATHE, KS -- Elecsys Corp. announced a net loss of $20,000 for the quarter ended April 30, up from a net loss of $70,000 last year. For its fiscal fourth quarter, the company reported sales of $4.67 million, up 14% from fiscal 2009. Operating income was $44,000, down from $71,000.
For the fiscal year ended April 30, sales were $17 million, down 22%. The net loss was $674,000, compared to net income of $677,000. The company cited the overall economic slowdown and delayed bookings for the drops. The company's electronics design and manufacturing segment's sales fell 15% to $9.9 million. The operating loss was $817,000 compared to operating income of $1.47 million in fiscal 2009. Gross margin was 28% of sales for the fourth quarter and 31% for the year.
|
Columns
| An Early Spring? |
The second half of 2011 is behind us, literally and figuratively. |
| Read more... |
| ‘An End-to-End Solution for Assembled HDI Rigid-Flex’ |
Multi-Fineline Electronix (MFLEX) and AT&S last week announced an agreement to share their respective printed circuit board technologies. Under the agreement, AT&S's high-density interconnect (HDI) rigid PCBs and MFLEX's flex board capabilities will be offered to respective customers, and the two will partner on rigid-flex technology. |
| Read more... |
Features
| SMT Stencils from a Production Perspective |
Is the slew of new materials, coatings and processes truly unique, or just the same old hype? |
| Read more... |
| Implementing Good Test Coverage and Eliminating Escapes |
Experimental data reveal a strong correlation between SPI and AXI. |
| Read more... |
Search
Search
Login
CB Login
Language
Language
Products
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...
