American Science & Engineering (ASEI) Releases Earnings Results, Misses Expectations By $-0.31 EPS

American Science & Engineering (ASEI) reported quarterly earnings results on Monday, May-9-2016. The company reported $-0.26 earnings per share for the quarter, missing the analyst consensus estimate by $-0.31. Analysts had a consensus of $0.05. The company posted revenue of $24.23 million in the period, compared to analysts expectations of $25.13 million. The company’s revenue was down -22.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.

American Science & Engineering (ASEI) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $28.13 and reached the intraday high at $28.37. The bulls started the profit booking and pushed the shares to intraday low of $27.63. The trading session was marked by a volume range of 50,884 shares exchanging hands. The 52-week high of the shares is $46.67 and the 52-week low is $22.63. The market cap of the company stands at $202 M and there are 71,70,314 shares in public circulation.

In a different news, on Dec 16, 2015, Hakan Elmali (VP, Science and Engineering) sold 863 shares at $39.45 per share price. According to the SEC, on Sep 9, 2015, Mark Thompson (director) sold 1,879 shares at $38.85 per share price. On Jun 22, 2015, Robert N Shaddock (director) purchased 29 shares at $49.24 per share price, according to the Form-4 filing with the securities and exchange commission.

American Science and Engineering Inc. (AS&E) develops manufactures markets and sells X-ray inspection and other detection products for homeland security force protection and other critical defense applications. The Company manufactures X-ray inspection products that can be used to inspect parcels baggage vehicles pallets cargo containers and people. The Company also provides maintenance warranty engineering and training services related to these products. The Company’s segment X-ray screening products includes X-ray detection and imaging products used for the detection of illegal drugs weapons and explosives and smuggled goods. The Company’s products and services can be grouped into five different areas: Cargo Inspection Systems Mobile Cargo Inspection Systems Parcel and Personnel Screening Inspection Systems Custom Products and Service and Support.

American Science & Engineering

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