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Herley Reports Fourth Quarter and Year-End Results
Date:10/15/2009

106 1,050 Interest expense (447) (195) (1,392) (661) Foreign exchange transactions losses (43) (120) (276) (126) --- ---- ---- ---- (478) (250) (1,562) 263 ---- ---- ------ --- Loss from continuing operations before income taxes (63,448) (2,909) (59,592) (20,938) Benefit for income taxes (19,035) (1,422) (18,872) (10,254) ------- ------ ------- ------- Loss from continuing operations $(44,413) $(1,487) $(40,720) $(10,684) -------- ------- -------- -------- Discontinued operations: Income (loss) from operations of discontinued subsidiary - 1,895 (734) 589 Provision for income taxes (benefit) - 731 (278) 251 --- --- ---- --- Income (loss) from discontinued operations $- $1,164 $(456) $338 -- ------ ----- ---- Net loss $(44,413) $(323) $(41,176) $(10,346) ======== ===== ======== ======== (Loss) earnings per common share - Basic and Diluted Loss from continuing operations $(3.26) $(.11) $(3.00) $(.78) Income (loss) from discontinued operations - .09 (.03) .02 --- --- ----
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SOURCE Herley Industries, Inc.
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