Technical Communications Posts Q4 Profit - Quick Facts

(RTTNews) - Technical Communications Corp. (TCCO) reported fourth-quarter net income of $446,000, or $0.24 per share, compared to a net loss of $489,000 or $0.27 per share in the same quarter last year.

Quarterly revenue jumped to $3.14 million from $1.33 million in the same quarter last year.

Carl Guild, Jr., President and Chief Executive Officer of TCC, said, "Sales from the previously announced major production contract awarded in May 2013 by the U.S. Army Communications and Electronics Command for the Government of Egypt increased revenues to a profitable level in the fourth quarter of fiscal 2013."