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Article: AML Communications Reports Second Quarter FY10 Results.(Financial report)
- Article from:
- Defense & Aerospace Week
- Article date:
- November 11, 2009
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AML Communications, Inc. (OTCBB: AMLJ) announced results for the second quarter of fiscal 2010 ended September 30, 2009.
Net sales for the quarter increased to $4.5 million, compared with $3.4 million for the same period a year earlier. The Company reported a net profit of $486,000, or $0.05 per share, compared with a net profit of $173,000, or $0.02 per share, for the same period a year earlier.
"We are very pleased to deliver a strong quarter of revenue and earnings growth," said Jacob Inbar, President and Chief Executive Officer of AML. "Our revenue growth was driven by $1.0 million of products delivered to the Unmanned Aerial Vehicles (UAV) market. ...