ASTROTECH Corp: Annual report
Astrotech continues commercializing mass spectrometry devices across subsidiaries while exploring a sale of 1st Detect and planning lunar infrastructure initiatives.
Mixed for the companyWhat the numbers say
Revenue fell 13% to $913K versus the prior year; operating margin narrowed from -1,404.6% to -1,548.5%; diluted EPS -$8.49 versus -$8.32; operating cash flow -$13.5M (a year earlier -$13M); free cash flow -$14.3M (a year earlier -$13.8M); cash rose by $5.3M to $8.4M; diluted share count up 2.1% (dilution).
What happened
- 1st Detect obtained ECAC aviation security certifications for the TRACER 1000 and advanced to TSA Stage II field trials for air cargo.
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