Here's data from the last 10Q... Haven't seen one for this quarter yet. Also, I believe IBD profiled AMK and could give more specifics if you can find that article.
Net sales for the three months ended March 31, 1997 increased 8% to $9,541,000 as compared to net sales of $8,822,000 for the comparable quarter in the
prior fiscal year. This increase was the result of modest sales increases across most of the Registrant's product lines. The backlog of unfilled orders was
$7,618,000 at March 31, 1997 and $6,538,000 at June 30, 1996.
Net sales for the nine months ended March 31, 1997 increased 8% to $26,467,000 as compared to net sales of $24,435,000 for the comparable period in the
prior fiscal year. The increased sales were a result of higher sales of all of the Registrant's products, with the most significant increases being in sales of certain
higher margin capacitor products and thin film products.
Gross margin for the nine months ended March 31, 1997 was 36.5% of net sales as compared to 32.2% for the comparable period in the prior fiscal year. The
higher gross margin for the current period was the result of improved production process performance and yields, the effects of various cost reduction efforts
undertaken in August 1996 and increased sales of products carrying a higher gross margin.
>>Can anyone tell me what the company did to make such drastic reductions in the bottom line? Will this trend
continue, or will their earnings growth slow to more closely match their sales growth from here on? |
