Elecsys Corporation (ESYS) Misses Q1 EPS by 1c

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Go back to Elecsys Corporation (ESYS) Misses Q1 EPS by 1c

Elecsys Corporation Reports First Quarter Financial Results

September 8, 2014 9:00 AM EDT

OLATHE, Kan., Sept. 8, 2014 (GLOBE NEWSWIRE) -- Elecsys Corporation (Nasdaq: ESYS), a provider of innovative machine to machine (M2M) communication technology solutions, data acquisition systems, and custom electronic equipment for critical industrial applications, today announced its financial results for the first quarter ended July 31, 2014.

Revenues for the quarter were $6,670,000, a slight decrease of 1%, or $104,000, from $6,774,000 in the first quarter of fiscal 2014.

Operating income for the quarter was $461,000, an improvement of $8,000, compared to a operating income of $453,000 for the same quarter in the prior year.

Net income was $273,000, or $0.07 per diluted... More