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Written by Philip Buonpastore
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Wednesday, 30 January 2008 |
RICHARDSON,
TX – Titan’s Electronics and Homeland Security Division reports that revenues increased 26%
to $6.8 million, with a net operating income of $574,000 for the first quarter
of fiscal 2008. This compares to
revenues of $5.4 million and net operating losses of $5.2 million in the first
fiscal quarter of 2007.
“Our Electronics Division continues to grow in a time
of economic uncertainty and outperform the North American printed circuit board
market,” said Curtis Okumura, President and CEO of Titan Electronics and
Homeland Security Division. “We will continue to seek opportunities to
manufacture printed circuit boards more efficiently and to aggressively
penetrate the North American PCB market,” he said. |
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