- Revenue was $42.9 million, an increase of 4% from the $41.2 million recorded in Q3 2006.
- Gross margin was 26%, compared to 29% in the third quarter of 2006.
- Net income was $2.5 million, or $0.04 per share, compared to a net income of $6.4 million or $0.10 per share a year earlier
- New orders won in the third quarter totaled $50 million, compared to $43 million a year earlier and $81 million in the second quarter of fiscal 2007.
- Backlog at quarter-end was a record $135 million, compared to $130 million at the end of Q2 2007.
- During the quarter COM DEV purchased a production facility in El Segundo, California and announced details of its planned expansion into the US government space market.
With facilities in Canada, the United Kingdom and the United States, COM DEV manufactures advanced products and subsystems that are sold to major satellite prime contractors for use in communications, space science, remote sensing and military satellites.
