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发表于 2009-6-20 06:20 PM
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3# xiaoshitou
I am expecting 2nd leg up 似乎要向上挺出第二腿。
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For the fiscal quarter ended May 1, 2009, the Company reported net sales of approximately $8.8 million, an increase of 32% as compared to net sales of approximately $6.7 million for the fiscal quarter ended May 2, 2008. The increase in sales between fiscal quarters is primarily the result of increased production in the transmitter product line in fiscal quarter ended May 1, 2009. Historically this line provides higher sales and gross profits. Management’s emphasis continues to be focused on returning the Company to full production, as soon as is practicable.
Gross profits increased from 21% for the first quarter of fiscal year 2009 to 38% for the first quarter of fiscal year 2010. The three month comparative increase in both gross profits as a percent of sales and operating income is primarily the result of focused production in the transmitter product line. The Company reported operating income of approximately $1.7 million for the fiscal quarter ended May 1, 2009 as compared to an operating loss of approximately $232 thousand for the fiscal quarter ended May 2, 2008.
The Company reported net income for the quarter ended May 1, 2009 of approximately $1.4 million, or $0.38 for both basic and diluted earnings per share, versus a net loss of approximately $236 thousand, or ($0.07) for both basic and diluted earnings per share for the quarter ended May 2, 2008. A gain of $500,000 from insurance proceeds contributed to the Company’s quarterly net income.
“As we emerge from the aftermath of last year’s major fire, the Company has now been able to resume shipments in most of its product lines,” said Doug Hillman, Aerosonic CEO. “Although the quarter’s results have been augmented by $500,000 in insurance proceeds, we have clearly demonstrated that the Company’s operations, while still challenged, are able to generate profitable revenue. With a strengthened management team in place, and operational momentum building, our prospects for sustained performance and growth are definitely brighter.”
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