Navigation Links
Spectrum Control Reports Fourth Quarter and Annual Profit
Date:1/11/2010

s in working capital requirements. As a result of this strong cash generation in fiscal year 2009, we were able to expend nearly $4 million in capital equipment additions, repay $3.5 million in bank indebtedness, as well as support the $12.9 million aggregate cash purchase price for Micro Networks. With our cash flow capabilities, a borrowed funds-to-equity ratio of only 0.07 to 1.00, and a book value of $8.96 per share, we believe our liquidity and financial position provide a solid foundation for future growth.

Current Business Outlook

Mr. Southworth added, "With our acquisition of Micro Networks, and our current assessment of business conditions and customer demand, we presently anticipate our 2010 first quarter sales to be $38.0 to $39.0 million. Based on this shipment level, and as we integrate the Micro Networks business, we expect our 2010 first quarter earnings to be 19 to 20 cents per diluted share. If this operating performance is achieved, it would represent an increase of 15% to 18% in sales and 12% to 18% in earnings per diluted share from the comparable period of a year ago. Beyond the first quarter, we remain very optimistic about fiscal year 2010 and expect to build upon our first quarter performance."

Forward-Looking Information

This press release contains statements that are forward-looking statements within the meaning of the Private Securities Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the Company's Securities and Exc
'/>"/>

SOURCE Spectrum Control, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Life Science And Medical Device Software Engineering Consulting Firm Full Spectrum Software Announces 12 New Contract Wins In 2009
2. Medical Device Software Engineering Consulting firm Full Spectrum Software Earns ISO 13485 Certification
3. Voyant Health Announces: Spectrum Health Licenses TraumaCad Enterprise and TraumaCad Extend
4. 4th Annual Spectrum Open: A Big Success
5. Nuvilex, Inc. Finalizes Joint Venture Agreement for the Development of Broad Spectrum All-Natural Flu Remedies
6. Joint Commission Recognizes Spectrum Healthcare Resources
7. Chicagoland Motorcycle F.A.S.T. Ride to Fight Fetal Alcohol Spectrum Disorder:
8. For Medical Device Makers, Full Spectrum Software Presents a Live, One Hour Audio Course on Implementing QA Automation in an FDA Controlled Environment
9. Spectrum Surgical Instruments Receives 2009 World Class Customer Service Award
10. 63 percent of RA patients suffer psychiatric disorders, with depressive spectrum conditions most likely
11. Spectrum Names Katherine Maynard Chief Operating Officer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2014)... NY (April 16, 2014) The cause of neuronal ... new study proposes that neurons may be mistaken for ... system, similar to the way autoimmune diseases like type ... body,s cells. The study was published April 16, 2014, ... new, and likely controversial, idea in Parkinson,s disease; but ...
(Date:4/17/2014)... international team led by researchers at UC Davis has ... a key role in cell division, also boosts the ... first time the complex has been shown to perform ... an excellent target to control cellular energy production, potentially ... published online today in the journal Developmental Cell ...
(Date:4/17/2014)... Meaningful long-term survival is possible for selected ... when treated with cytoreductive surgery with Hyperthermic IntraPeritoneal ... by physicians at Wake Forest Baptist Medical Center. ... single-center experience with cytoreductive surgery and HIPEC, said ... of 20 years, worth of patient data shows ...
(Date:4/17/2014)... after they suffer a cardiac arrest outside of a ... according to new research conducted at St. Michael,s Hospital. ... cardiac arrest get adrenaline, which has been the drug ... Steve Lin, an emergency physician and trauma team leader ... long-term survival rates of patients who suffer a cardiac ...
(Date:4/16/2014)... April 15, 2014 The Translational Genomics Research Institute ... annual Founders Dinner for their support of TGen,s research ... place March 28 in Scottsdale. , Catherine Ivy, Founder ... received TGen,s John S. McCain Leadership Award, named for ...
Breaking Medicine News(10 mins):Health News:Is Parkinson's an autoimmune disease? 2Health News:Dual role: Key cell division proteins also power up mitochondria 2Health News:20 years of data shows treatment technique improvement for advanced abdominal cancer 2Health News:Adrenaline does little to increase patient's survival after cardiac arrest 2Health News:TGen honors Catherine Ivy and Craig Jackson with Leadership; Collaborative Spirit awards 2
... Specialty Health Care Distributor Appoints Longtime Cardinal Health Executive ... and DUBLIN, Ohio, June 8 Sarnova, the nation,s leading ... medical services and respiratory markets, announced today that it ... A former president with Cardinal Health, Inc., Mr. Struik, ...
... , COSTA MESA, Calif., June 8 Oxygen Biotherapeutics, Inc. ... signed a securities purchase agreement and commenced an offer to ... the company,s common stock that are issued in the transactions ... of 1933, as amended, and may not be offered or ...
... Schwade, M.D. executive director of the CyberKnife Center of Miami ( ... Ultimate Miami CEO,s by the South Florida Business Journal. , , ... ten winners chosen as successful Miami businessmen who are among the upper ... CEO award winners include the following people: , , ...
... family-building benefits for its employees , , WOONSOCKET, R.I., ... is proud to announce it has been named one of ... for offering superior family-building benefits, such as health insurance coverage ... paid and unpaid leave for birth and adoptions. CVS ...
... June 8 On June 7th, Little Hearts, Inc. held ... One of the support services they offer is their "Picture ... kids ranging in age from infant to 50 of all ... (52), PA, TGA, TOF and Tricuspid Atresia. "HOPE" is shared ...
... to sleep deficit, researchers warn , MONDAY, June 8 (HealthDay ... fatigue probably signaled it was time to go to sleep. ... Housewives are more influential in determining bedtimes -- and ... a new study says. , In the study, researchers looked ...
Cached Medicine News:Health News:Sarnova Names Hank Struik Chief Executive Officer 2Health News:Sarnova Names Hank Struik Chief Executive Officer 3Health News:Oxygen Biotherapeutics, Inc. Announces Private Placement Financing Agreement and Offer to Acquire Warrants 2Health News:Oxygen Biotherapeutics, Inc. Announces Private Placement Financing Agreement and Offer to Acquire Warrants 3Health News:CVS Caremark Ranks Among 50 Best Fertility- and Adoption-Friendly Workplaces in America 2Health News:CVS Caremark Ranks Among 50 Best Fertility- and Adoption-Friendly Workplaces in America 3Health News:Members of National CHD Organization Unite for Little Hearts' Celebration and Assemble for 'Picture of Hope' 2Health News:Glowing TV Screens Keeping Americans Up at Night 2
(Date:1/14/2014)... , a manufacturer of ergonomically designed laboratory equipment for ... Japan to sell and service the Hitachi ... will utilize its network of sales professionals throughout the ... offer assistance in application use, product benefits and features, options and ...
(Date:1/14/2014)... Jan. 14, 2014   Oligomerix, Inc. , a privately held ... Alzheimer,s disease (AD) and related neurodegenerative disorders, announced today ... Valhalla, NY as of January 15, 2014 ... New York Medical College. Oligomerix, which is ...
(Date:1/14/2014)... BETHESDA, Md. , Jan. 14, 2014   Evidera ... healthcare industry, announced that the Center for Drug Evaluation ... released its first draft qualification guidance document for a ... of Exacerbations of Chronic Pulmonary Disease Tool [EXACT] for ...
Breaking Medicine Technology:NuAire announces sales and service of Hitachi Koki centrifuges in North America 2Oligomerix Relocates Corporate Headquarters and Secures Additional Laboratory Space from New York Medical College 2Evidera Announces Release of FDA Draft Guidance on Use of the "EXACT" to Measure Symptoms of COPD Exacerbations 2Evidera Announces Release of FDA Draft Guidance on Use of the "EXACT" to Measure Symptoms of COPD Exacerbations 3Evidera Announces Release of FDA Draft Guidance on Use of the "EXACT" to Measure Symptoms of COPD Exacerbations 4
... Md., Feb. 25 Adlyfe, a private company developing ... today that it has signed an agreement with Wyeth ... designed to measure levels of beta amyloid in the ... specific beta amyloid targets for use in facilitating the ...
... Many soldiers who experienced mild head trauma or a ... to the United States with headaches, according to a study ... of Neurology,s 61st Annual Meeting in Seattle, April 25 to ... 978 U.S. Army soldiers returning from Iraq or Afghanistan in ...
Cached Medicine Technology:Adlyfe Strikes Translational Medicine Partnership With Wyeth Pharmaceuticals for Alzheimer's Biomarker Assay 2For Iraq Veterans, Headaches Continue After Traumatic Brain Injury 2
ACTH EIA Hypertension / Cardiac Evaluation, Cardiovascular 021-SDX018...
... a solid phase two-site enzyme immunoassay. ... technique in which two monoclonal antibodies are ... human insulin molecule. During incubation, insulin ... antibodies and anti-insulin antibodies bound to the ...
... hormone responsible for the control of glucose metabolism. ... the islets of Langerhans as the precursor, proinsulin, ... Both are secreted in equimolar amounts into ... is comprised of two polypeptide chains, the A-chain ...
... an integral part of the enzymatic cascade ... as well as the degradation of Bradykinin. ... is primarily located in endothelial cells. ACE ... for sarcoidosis and myocardial infarction but is ...
Medicine Products: