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Technology Stocks : Sensytech Inc (STST)

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To: Paul Lee who started this subject5/15/2002 6:36:28 PM
From: Paul Lee   of 25
 
May 15, 2002 (BUSINESS WIRE) -- Sensytech, Inc. (Nasdaq:STST), today announced earnings of $0.12 per share on revenue of $7.069 million for the quarter ended March 31, 2002, compared to $.04 per share on revenue of $4.188 million for the quarter ended March 31, 2001.

Earnings for the six months ended March 31, 2002, were $.22 per share on revenue of $11.478 million compared to $.12 per share on revenue of $8.453 million for the six months ended March 31, 2001.

S. Kent Rockwell, CEO and President of Sensytech, Inc., stated "Revenues and earnings for the quarter rose to near record levels for the Company due to strong performances in our communications and imaging businesses. Additionally, our defense production programs began midway through the quarter. The market place is still implementing strategic initiatives as a result of 9/11 which should continue to add to our growth in the coming quarters."
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