Fiscal Year 2008 Highlights...
- Revenue was $210.3 million, a 28 percent increase over the fiscal 2007 total of $164.3 million
- Gross margin was 24 percent, compared to 21 percent in 2007
- Net income was $12.4 million, or $0.18 per share, compared to a net income of $10.9 million or $0.16 per share the previous year
- New orders totaled $230 million in the fiscal year, compared to $207 million in 2007
- COM DEV acquired an established passive microwave devices business that accelerated its entry into the US Government space market
Fourth Quarter Highlights...
- Q4 2008 revenue was $59.8 million, representing growth of 38 percent over the $43.4 million recorded a year earlier
- Gross margin was 27 percent, compared to 11 percent in the fourth quarter of 2007
- Net income was $4.8 million, or $0.07 per share, compared to $4.1 million or $0.06 per share in Q4 2007
- New orders won in the fourth quarter totaled $60 million, compared to $55 million a year earlier and $95 million in the third quarter of fiscal 2008
- Backlog at October 31, 2008 was $158 million, compared to $161 million at the end of Q3 2007
To read the entire financial report, select this direct link.