Titan Reports Q1 Revenue
Published: 30 January 2008
by Staff
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.
