American Science and Engineering (ASEI) Misses Q1 EPS by 4c

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Go back to American Science and Engineering (ASEI) Misses Q1 EPS by 4c

American Science and Engineering, Inc. Reports Results for First Quarter Fiscal Year 2016

August 6, 2015 4:02 PM EDT

Revenues for first quarter reported at $31.4 millionBookings for first quarter reported at $45.9 million, highest level in last five quarters; Book to Bill ratio of 1.46Net loss of $0.5M for first quarter includes one-time charge of $1.7M equal to $0.15 EPS related to corporate realignmentThe Company expects to reduce annual operating expenses by $6.0 million through previously announced workforce and other targeted cost reductionsThe Company declares a quarterly dividend of $0.50 per share

BILLERICA, Mass., Aug. 06, 2015 (GLOBE NEWSWIRE) --... More