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Pharma Investments, Ventures & Law Weekly

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Herley Industries, Inc.



Herley Reports Third Quarter Results



June 29th, 2008

Herley Industries, Inc. (NASDAQ:HRLY) reported financial results for the third quarter ended May 4, 2008. Herley reported net sales for the third quarter of $38.5 million, down $5.9 million or 13% from the third quarter of the prior fiscal year.

Herley reported a basic and diluted loss of $0.27 per share including the impact of a litigation settlement agreement with the United States Department of Justice, as compared with basic and diluted earnings per share of $0.28 and $0.27, respectively, for the thirteen weeks ended April 29, 2007.

Keywords: Herley Industries, Inc.

This article was prepared by Pharma Investments, Ventures &...


Source: Pharma Investments, Ventures & Law Weekly (2008-06-29)

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