| Sparton Reports Q2 Sales Up 3.6% YoY |
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| Monday, 11 February 2008 08:35 | |||
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JACKSON, MI – EMS provider Sparton Corp. reported 2008 second-quarter net sales of $55 million, up 3.6% year-over-year. The net loss for the quarter ended Dec. 31 rose to $1.9 million, from $1.4 million in 2006. The company reported operating losses of $1.5 million, up from $831,000 a year ago. The gross profit margin was 6.7%. Net sales for the six months ended Dec. 31 totaled $113.8 million, up 12.3% compared to the prior year, the company says. The net loss narrowed from $3.8 million to $3.3 million, and the operating loss narrowed from $4.3 million to $3.5 million. For the quarter, medical/scientific instrumentation sales increased 22.4%. Sales to the aerospace market increased slightly. Industrial/other sales declined 38.9%. This decrease was a result of reduced sales to two customers, which accounted for a combined sales drop of $5.3 million and $9.2 million, respectively.
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| Last Updated on Monday, 11 February 2008 17:44 |
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Polyonics Introduces Double Coated Bonding Tapes
Ultra thin double coated tapes are for bonding and attaching components and assemblies where high dielectric strength is required. REACH and RoHS compatible. Come in polyimide (PI) and polyester...
Ultra thin double coated tapes are for bonding and attaching components and assemblies where high dielectric strength is required. REACH and RoHS compatible. Come in polyimide (PI) and polyester...
