Benchmark Upgrades American Science & Engineering Inc. (ASEI) to Buy
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American Science and Engineering, Inc. Reports Results for Fourth Quarter and Fiscal Year 2016 and Declares Quarterly Dividend
May 9, 2016 4:06 PM EDTNet loss of $2.7 million for fourth quarter includes a charge of $1.3 million (equal to $0.12 earnings per share) related to previously announced cost containment actions.Net loss of $3.2 million for fiscal year 2016 includes $3.1 million of charges (equal to $0.26 earnings per share) related to the corporate realignment and cost containment actions which occurred during the year.Free cash flow of $6.8 million in fiscal year 2016 vs. ($13.7) million in fiscal year 2015, defined as cash flow from operations less capital expenditures.Year-to date bookings for fiscal year 2016 increased by 35% to $121.0 million vs. $89.6 million in fiscal year 2015; book-to-bill... More
