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July 18, 1997updated 05 Sep 2016 12:15pm


By CBR Staff Writer

Sawtek Inc, the Orlando, Florida, electronic signal component supplier, reported net profits up from $1.3m to $5.4m on revenue that increased by 42% to $21.2m for the third quarter to June 30. Net per share rose 83% to $0.25. For the nine months, it recorded profits of $14.6m compared with a net loss of $4.2m. Last year’s figures include a one-off charge relating to an employee share ownership scheme.

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