AIRPORT SYSTEMS EXPECTS TO REPORT FISCAL 1998 GAINS.OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan.--(BUSINESS WIRE)--Sept. 16, 1997--Speaking today at the annual meeting of stockholders, Keith S Keith may refer to: People with the given name Keith:
The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight and net income for fiscal 1998. For the fiscal year ended April 30, 1997, the Company reported net sales of $20.1 million and net income of $599,000, or $0.25 per share. Cowan noted that Airport Systems reported first-quarter results last month which included a gain in net sales to $5.8 million compared with $5.2 million a year ago and an increase in net income to $160,000, or $0.07 per share, versus $135,000, or $0.06 per share, in the year-earlier period. He remarked, "The first-quarter results provided a sound start for the current fiscal year and included new orders for navaids of $4.0 million. This brought our backlog at the close of the quarter to $17.6 million compared with $4.5 million a year ago. These contracts and the pace of incoming orders underscore The underscore character (_) is often used to make file, field and variable names more readable when blank spaces are not allowed. For example, NOVEL_1A.DOC, FIRST_NAME and Start_Routine. (character) underscore - _, ASCII 95. our optimism about achieving higher sales and earnings for fiscal 1998 as a whole." At the annual meeting, stockholders re-elected Thomas C. Blackburn and Thomas C. Cargin as directors. Stockholders also ratified rat·i·fy tr.v. rat·i·fied, rat·i·fy·ing, rat·i·fies To approve and give formal sanction to; confirm. See Synonyms at approve. the appointment of Ernst & Young LLP LLP - Lower Layer Protocol as the Company's independent public accountants. Airport Systems International, Inc. designs, manufactures, markets and installs ground-based equipment (navaids) and airfield signage to aid the in-flight navigation and ground movement ofaircraft. The Company's products are used worldwide to guide the navigation of aircraft in various phases of a flight and in all visibility conditions. CONTACT: Airport Systems International Inc., Overland Park Thomas C. Cargin, 913/495-2614 |
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