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Technical Communications posts Q4 and FY 2008 results

Telecomworldwire, Nov 25, 2008

TELECOMWORLDWIRE-25 November 2008-Technical Communications posts Q4 and FY 2008 results(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Technical Communications Corporation (TCC) (OTCBB:TCCO.OB), a designer, manufacturer and supporter of superior grade secure communications systems, announced on 24 November its results for the fourth quarter and year ended 27 September 2008. A

Revenues for the year totalled USD6.852m, an increase of USD4.920m over the prior fiscal year. Revenues for the quarter were USD1.204m compared with USD1.751m in the fourth quarter of the previous financial year.

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Net income for the year was USD1.061m, or USD0.63 per diluted share, compared to a net income of USD0.84m, or USD0.55 per diluted share, in fiscal 2007. For the quarter net loss was USD0.87m, or USD0.06 per diluted share, a decline over net income of USD0.543m, or USD0.34 per diluted share, in the corresponding quarter of 2007.

((Comments on this story may be sent to tww.feedback@m2.com))

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