Microwave Filter Company, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2019
August 13, 2019 at 11:16 am
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Microwave Filter Company, Inc. announced earnings results for the third quarter ended June 30, 2019. For the third quarter, the company announced sales was USD 841,310 compared to USD 802,140 a year ago. Operating loss was USD 12,862 compared to USD 18,298 a year ago. Net loss was USD 12,473 compared to USD 20,963 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the nine months, sales was USD 2.746 million compared to USD 2.323 million a year ago. Operating income was USD 13,152 compared to operating loss of USD 128,235 a year ago. Net income was USD 12,533 compared to net loss of USD 134,746 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.05 a year ago.
Microwave Filter Company, Inc. (MFC) is engaged in the designing, development, and manufacturing of filter products. MFC offers products, which covers the frequency range from 5 Hz to 50 GHz for customers around the world. Its custom designs include waveguide, stripline/microstrip, lumped element, dielectric resonator, and cavity/coaxial topologies. Its Filter types and accessories include bandpass, bandstop, combiners, couplers, diplexers, highpass, lowpass and adaptors. MFC also offers a complete line of CATV headend channel deletion filters and networks, bandpass filters and diplexers for wireless and PCS applications; interference filters for C-Band installations; and its team is involved in a number of programs, including communications, broadcast and CATV operators and installers, military/aerospace facilities, universities and government research labs, wireless cable multi-channel, multi-point manufacturers, and distribution systems, and C-band and Ku-band satellite systems.