API Technologies (ATNY) Reports Q1 Loss of $0.04/Share

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Go back to API Technologies (ATNY) Reports Q1 Loss of $0.04/Share

API Technologies Reports Results for the Fiscal First Quarter Ended February 28, 2015

April 8, 2015 4:01 PM EDT

ORLANDO, Fla., April 8, 2015 /PRNewswire/ -- API Technologies Corp. (NASDAQ: ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced results for the fiscal first quarter ended February 28, 2015.

Financial Results for the Quarter Ended February 28, 2015

API Technologies reported fiscal first quarter revenue of $50.9 million.

For the fiscal first quarter of 2015, GAAP gross margin as a percentage of sales was 25.5%; non-GAAP gross margin was 26.6%.

The Company... More