PWRM, ALOT, & BABY All Have Made Significant Progress! PennyGovernance.com
PWRM had just recently has unexpectedly discovered new and unprecedented findings regarding clinically important differences in the response of the NuroPro
Astro-Med, Inc. reports net income of $323,000, equal to 4 cents per diluted share, on sales of $17,753,000 for the Second Quarter ended July 31, 2010. The Company reported net income of $585,000, equal to 8 cents per diluted share, on sales of $16,416,000 for the comparable period of the prior year. Unfavorable foreign exchange currency rates lowered this year's Second Quarter sales by approximately $227,000, or 1.4%, when compared to the previous year.
For the six months ended July 31, 2010, Astro-Med, Inc. reported net income of $753,000, equal to 10 cents per diluted share, on sales of $34,830,000. During the comparable six-month period of the prior year, net income was $354,000, equal to 5 cents per diluted share, on sales of $31,093,000.
The Company's balance sheet remains strong with a cash and marketable securities position of $21,933,000, a current ratio of 6.3:1, and zero debt.
Natus Medical Incorporated reported in one of their most recent press releases that it has received a significant purchase order from the Kingdom of Saudi Arabia for the Company's newborn care products.
The order, which is valued at over $2.7 million, was received from the Company's distribution partner working with the Saudi Ministry of Health. The order is for ALGO newborn hearing screeners, Cool-Cap selective head-cooling devices, and Olympic Cerebral Function Monitors (CFM). The order is expected to ship by the end of the year.
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