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Thursday, Mar 28, 2024

AML Income Upped in Q4

Increased sales to defense clients contributed to a jump in net profit for AML Communications Inc. in its fourth quarter. The Camarillo-based designer and manufacturer of amplifiers and subsystems reported net income of $1.8 million, or $0.18 per diluted share, on revenues of $3.3 million for the quarter ending March 31. That is an increase from the net income of $1.5 million, or $0.15 per diluted share, on revenues of $2.2 million for the same period in 2007. For the 2008 fiscal year, the company had a net income of $2.1 million, or $0.21 per diluted share, on revenues of $12.7 million. That is a 31 percent increase from the net income of $1.6 million, or $0.15 per diluted share, on revenues of $8.9 million for the 2007 fiscal year.

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