American Science & Engineering’s earnings and revenue missed estimates, and the security company’s CEO, Chuck Dougherty, said fiscal 2013 was challenging, Dow Jones said. Bookings were flat and revenue down, with earnings affected by a previously announced force reduction and resolution of a contract issue in the Middle East. Quarterly net income was $760,000, versus $1.34 million a year earlier. For the year, profit was $17.45 million, down from $21.42 million.
AS&E profit down after a challenging year
May 09, 2013
Read it all, now.
Don't miss any of your favorite stories again. Read the stories that matter to you as much as you want, whenever you want when you subscribe to BostonGlobe.com.
Get full access today for just 99¢