Applied Signal Technology, Inc. (NASDAQ:APSG) has announced the fourth quarter earnings for 2009 revealing revenues of $54,231,000 for the quarter. The revenues show a 12.1% increase when compared to the previously earned $48,374,000 during the fourth quarter of 2008. The growth is attributed to the company’s continued strength in the broadband communications business. The full earnings release may be reviewed online at http://www.appsig.com/.
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The company held a conference call on Thursday, December 17 to discuss the financial results. The call is available for replay as a webcast on the company’s website for a limited time.
Applied Signal Technology, Inc. (AST) is a provider of advanced intelligence, surveillance, and reconnaissance (ISR) solutions for global security. The Company provides domain knowledge in the areas of signals intelligence (SIGINT) and sensor signature processing. Its SIGINT include communications intelligence (COMINT) focusing on broadband and tactical wireless networks, and electronic intelligence (ELINT). Its sensor signature expertise includes processing information from electro-optic, sonar, radar, magnetic, and chemical sensors to detect changes in the environment and provide real-time alerts of potential threats. The Company specializes in the collection, processing, and understanding of signals for ISR missions with low size, weight, and power configurations to enable deployment on unmanned platforms. Its primary customers are the United States Government and defense industry contractors for the United States Government. In September 2009, AST acquired Pyxis Engineering.
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