Microwave Filter Company, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2019
May 13, 2019 at 06:16 am EDT
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Microwave Filter Company, Inc. announced earnings results for the second quarter ended March 31, 2019. For the second quarter, the company announced sales was USD 1.046 million compared to USD 734,515 a year ago. Operating income was USD 84,340 compared to of USD 71,809 a year ago. Net income was USD 85,230 compared to net loss of USD 72,976 a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.03 a year ago. For the half year, sales was USD 1.904 million compared to USD 1.521 million a year ago. Operating income was USD 26,014 compared to of USD 109,937 a year ago. Net income was USD 25,006 compared to net loss of USD 113,783 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.04 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.