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Home  >  Austin Accountants  >  Third Quarter financial reports announced by Astrotech

Third Quarter financial reports announced by Astrotech

Posted on Tuesday, May 8th, 2012 at 1:42 pm.

The Astrotech Corporation has now announced their third quarter financial reports for the quarter that ended March 31, 2012.

The company, one of the leading providers of commercial services related to aerospace industries, reported a net income of $1.0 million and a revenue of $10.0 million. The company is a strong component in the aerospace industry and they work to develop and market new technology.

“We are excited to report the positive financial results of the third quarter, driven by our core satellite payload processing business,” said Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation. “ASO continued to meet our customer’s needs for payload processing while completing over $5.6 million of work on multiple GSE fabrication contracts.”

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