Special Devices Inc. announces first quarter 1993 earnings

/ -- Special Devices Inc. (NASDAQ: SDII) announced the results of operations for its first quarter ended Jan. 31, 1993. Net sales for the first quarter ended Jan. 31, 1993, increased $162,000 to $6,644,000 as compared to $6,482,000 for the same period in 1992. Automotive Products Division revenues f...

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Bibliographic Details
Published inPR Newswire p. 1
Main Author Benson, Robert W
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 11.03.1993
Subjects
Aerospace industry
Automotive supplies
Earnings
Financial statements
Net income
Pacific
Newhall
United States > US
CA
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Summary:/ -- Special Devices Inc. (NASDAQ: SDII) announced the results of operations for its first quarter ended Jan. 31, 1993. Net sales for the first quarter ended Jan. 31, 1993, increased $162,000 to $6,644,000 as compared to $6,482,000 for the same period in 1992. Automotive Products Division revenues for the 1993 quarter increased $2,364,000 to $4,764,000 as compared to $2,400,000 for the 1992 quarter. This increase is because of a significant increase in initiator shipment volume to TRW Inc. during the 1993 quarter. Pursuant to the company's supply agreement with TRW Inc., the company expects TRW to continue to be a significant customer. (excerpt)