Thursday, May 3, 2007

UPDATE 1-EDO profit rises on stronger sales

(Reuters) - The company, which sells a range of electronics and engineering services to the U.S. military, reported first-quarter earnings of $6 million, or 29 cents per share, compared with a year-earlier net loss of $939,000, or 5 cents per share.

Revenue rose to $255.4 million from $119.7 million, when sales of electronics systems were weak, the company said.


Read more at Reuters.com Market News

No comments: