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Article: AML Communications Reports Second Quarter Fiscal Results.(Financial report)
- Article from:
- Entertainment Close-up
- Article date:
- November 7, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AML Communications, Inc. announced results for the second quarter of fiscal 2010 ended September 30.
In an October 28 release, AML reported that 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 happy to deliver a strong quarter of revenue and earnings growth," said Jacob Inbar, President and CEO of AML. "Our revenue growth was driven by $1.0 million of products delivered to the Unmanned Aerial Vehicles (UAV) market. ...
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