API Technologies (ATNY) Misses Q2 EPS by 7c

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Go back to API Technologies (ATNY) Misses Q2 EPS by 7c

API Technologies Reports Results for the Fiscal Second Quarter Ended May 31, 2015

July 7, 2015 4:01 PM EDT

ORLANDO, Fla., July 7, 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 second quarter ended May 31, 2015.

Results for the Quarter Ended May 31, 2015

API Technologies reported fiscal second quarter revenue of $52.3 million.

For the fiscal second quarter of 2015, GAAP gross margin as a percentage of sales was 21.0%; non-GAAP gross margin was 22.2%.

The Company... More