American Science and Engineering (ASEI) Misses Q1 EPS by 23c on Light Revenues
More News related to ASEI
- American Science and Engineering (ASEI) Receives $2.2M Order for Multiple ZBV's
- American Science and Engineering, Inc. Receives $2.2 Million Order for Multiple ZBVs from a Middle East Law Enforcement Agency
- American Science and Engineering (ASEI) Announces $2.8 Million Order
- American Science and Engineering, Inc. Receives $2.8 Million Order from the Middle East for Multiple ZBVs
- Abu Dhabi Customs to Debut American Science and Engineering's Cargo Inspection Products for Integrated Border Security during International Freight Week
More News related to Earnings
- Standard & Poor's Places Alcoa's (AA) Ratings On Watch Negative
- Analyst Remains on Apple Sidelines Following Uneventful Macworld (AAPL); Won't Get Constructive til Mid-$70's
- Cramer Makes Verizon (VZ) a Top 5 Pick for '09
- Chinese Internet Crackdown Marks Trouble for Baidu (BIDU) in '09; Pali Reiterates Sell
- Citi Reiterates a 'Hold' on Pfizer (PFE), M&A Needed to Reposition the Company
American Science and Engineering (Nasdaq: ASEI) reports Q1 EPS of $0.30, 23 cents worse than the analyst estimate of $0.53. Revenues for the quarter were $39.49 million, versus the consensus of $46.49 million.
“Although we are very pleased that we continue to break new ground with international contracts, we are disappointed that orders were not received in time to favorably impact the quarter’s results,” said Anthony Fabiano, AS&E’s President and CEO.
The Company reported a record $100 million in bookings for Q1 2009. Backlog for Q1 increased 53% to a record $160 million as compared to the first quarter of the prior fiscal year.
American Science and Engineering, Inc., together with its subsidiaries, engages in the development, manufacture, marketing, and sale of X-ray and other inspection solutions primarily for homeland security markets in the United States and internationally.
Related Categories
EarningsStocks Mentioned
-0.84Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
