Microwave Filter Co. Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2011
March 19, 2012 at 11:36 am EDT
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Microwave Filter Co. Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2011. For the period, the company reported net sales of $1,317,207 compared to $1,294,567 a year ago. Income from operations was $81,242 compared to $46,045 a year ago. Income before income taxes was $102,817 compared to $47,593 a year ago. Net income was $102,817 or $0.04 per basic and diluted share compared to $47,593 or $0.02 per basic and diluted share a year ago. Net cash provided by operating activities was $208,886 compared to $201,343 a year ago. Capital expenditures were $189,078 compared to $4,470 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.
MICROWAVE FILTER COMPANY, INC. 
