Sevcon (SEV) Reports Q4 EPS of $0.07
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Sevcon Reports Record Sales for Full Year Fiscal 2015
December 8, 2015 7:00 PM ESTSOUTHBOROUGH, Mass., Dec. 8, 2015 (GLOBE NEWSWIRE) -- Sevcon, Inc. (Nasdaq: SEV) reported financial results for the fourth quarter and fiscal year ended September 30, 2015.
Fourth-Quarter Fiscal 2015 Results Summary
Revenues increased $0.5 million, or 4.7 percent, to $10.5 million, from $10.0 million in the fourth quarter of fiscal 2014, mainly reflecting increasing customer demand for products developed for an expanding range of applications in the on-road sector. Foreign currency fluctuations decreased reported sales by $554,000, or 5.5 percent, mainly due to a stronger U.S. dollar compared to the euro and British pound than in the fourth quarter of fiscal 2014. Â ... MoreSevcon Reports Record Sales for Full Year Fiscal 2015
December 8, 2015 6:28 PM ESTSOUTHBOROUGH, Mass., Dec. 8, 2015 (GLOBE NEWSWIRE) -- Sevcon, Inc. (Nasdaq: SEV) reported financial results for the fourth quarter and fiscal year ended September 30, 2015.
Fourth-Quarter Fiscal 2015 Results Summary
Revenues increased $0.5 million, or 4.7 percent, to $10.5 million, from $10.0 million in the fourth quarter of fiscal 2014, mainly reflecting increasing customer demand for products developed for an expanding range of applications in the on-road sector. Foreign currency fluctuations decreased reported sales by $554,000, or 5.5 percent, mainly due to a stronger U.S. dollar compared to the euro and British pound than in the fourth quarter of fiscal 2014. Â ... More