Giga-tronics Incorporated (GIGA) news stock charts
Giga-tronics Incorporated (GIGA) Investment Summary:
Giga-tronics Incorporated (Giga-tronics, or the Company) includes operations of Giga-tronics Instrument Division, ASCOR Inc. (ASCOR), and Microsource Inc. (Microsource). Giga-tronics designs, manufactures and markets through its Giga-tronics Instrument Division, a broad line of test and measurement equipment used in the development, test and maintenance of wireless communications products and systems, flight navigational equipment, electronic defense systems and automatic testing systems. These products are used primarily in the design, production, repair and maintenance of commercial telecommunications, radar, and electronic warfare equipment. Giga-tronics was incorporated on March 5, 1980, its principal executive offices are located at 4650 Norris Canyon Road, San Ramon, California, and its telephone number at that location is (925) 328-4650. Effective July 23, 1996, Giga-tronics acquired ASCOR. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f06%2f19%2f0000950134-07-013646.html#FIS_BUSINESS"GIGA-TRONICS INC (GIGA:NASDAQ)
Snapshot of GIGA-TRONICS INC (GIGA)
|
OPEN
$2.20
|
PREVIOUS CLOSE
$2.30
|
|
|
DAY HIGH
$2.24
|
DAY LOW
$2.18
|
|
|
52 WEEK HIGH
12/28/09 - $3.61
|
52 WEEK LOW
03/19/09 - $0.94
|
|
|
MARKET CAP
10.9M
|
AVERAGE VOLUME 10 D
12.6K
|
|
|
EPS TTM
$0.29
|
SHARES OUTSTANDING
4.9M
|
|
|
GIGA Does Not Pay Dividends
|
P/E TTM
7.7x
|
|
| K = Thousands M = Millions B = Billions | ||
Key developments for GIGA-TRONICS INC (GIGA)
Giga-tronics Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 26, 2009. For the quarter, the company reported net profit of $309,000 or $0.06 per fully diluted share compared to net profit of $349,000 or $0.07 per fully diluted share for the same period a year ago. Net sales decreased 6% to $4,784,000 in the third quarter of fiscal 2010 compared to $5,099,000 in the third quarter of fiscal 2009. Non-GAAP net income, which excludes share based compensation, would have been $50,000 higher, or $359,000. Non-GAAP basic and diluted earnings per share would have been $0.07 compared to $0.06 as reported. For the same period last year, the Company's non-GAAP net income would have been $55,000 higher or $404,000 and the basic and diluted earnings per share would have been $0.08 compared to $0.07 as reported. Income from continuing operations was $309,000 or $0.06 per fully diluted share compared to $349,000 or $0.07 per fully diluted share for the same period last year. Operating income from continuing operations was $317,000 compared to $351,000 for the same period of last year. Income from continuing operations before income taxes was $310,000 compared to $349,000 for the same period of last year. For the nine months, the company reported net profit of $1,015,000 or $0.21 per fully diluted share compared with a net loss of $713,000 or $0.15 per fully diluted share for the same period last year. Net sales improved by 13% to $13,876,000 compared to $12,276,000 for the same period a year ago. Non-GAAP net income would have been $130,000 higher, or $1,145,000. Non-GAAP basic and diluted earnings per share would have been $0.24 compared to $0.21 as reported. For the same period last year, the Company's non-GAAP net loss would have been $173,000 lower or $540,000 and the basic and diluted share loss would have been $0.11 compared to $0.15 as reported. Income from continuing operations was $1,015,000 or $0.21 per fully diluted share compared with loss from continuing operations of $788,000 or $0.16 per fully diluted share for the same period last year. Operating income from continuing operations was $1,035,000 compared to loss from continuing operations of $793,000 for the same period of last year. Income from continuing operations before income taxes was $1,018,000 compared to loss from continuing operations of $786,000 for the same period of last year.
Giga-tronics Inc., Q3 2010 Earnings Call, Jan 28 2010
Giga-tronics Inc. announced that it has received three orders valued at $5.1 million for microwave components from a major aircraft manufacturer. The award for high performance specialty filters based upon the Company's fast switching YIG technology, will be fulfilled by company' Microsource component subsidiary located in Santa Rosa, California. These orders are particularly significant not only because they represent continued confidence in company as a valued supplier on their current program, they also mark the beginning company's support on a second major aircraft platform with potential for large ongoing future business. One order valued at $1.8 million will be delivered by the end of fiscal year, in March 2010.
Giga-tronics Incorporated financial resources
GIGA Competitors
| Company | Last | Change |
| Agilent Technologies Inc | $33.40 USD | +0.02 |
| Anritsu Corp | ¥344.00 JPY | -12.00 |
| European Aeronautic Defence and Space Co NV | €14.68 EUR | +0.20 |
| Valpey Fisher Corp | $1.42 USD | -0.08 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | GIGA | Industry Range |
| Price/Earnings | 8.0x |
|
| Price/Sales | 0.6x |
|
| Price/Book | 1.3x |
|
| Price/Cash Flow | 8.0x |
|
| TEV/Sales | 0.4x |
|
|
GIGA |
||
GIGA transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Giga-tronics Incorporated
Giga-tronics and Team Achieves Milestones in F-15E Radar Modernization Program
Read article
Giga-tronics Receives Three Orders Valued at $5.1 Million for High Performance YIG Tuned Filter Products
Read article
Giga-tronics Incorporated (GIGA) President and Chief Executive Officer to Ring The NASDAQ Stock Market Closing Bell
Read article
Giga-tronics Announces Its Third Quarter Earnings and Conference Call on January 28, 2010
Read article
PMC-Sierra, Quantum: Early Volume Plays
Read article
Q3 2010 Giga-tronics Incorporated Earnings Release - After Market Close
Read article
Giga-tronics Announces Its Third Quarter Earnings and Conference Call on January 28, 2010
Read article
Giga-tronics Receives Three Orders Valued at $5.1 Million for High Performance YIG Tuned Filter Products
Read article
Giga-tronics to Present at 2009 Wall Street Analyst Forum in New York City
Read article
Giga-tronics and Team Achieves Milestones in F-15E Radar Modernization Program
Read article
Giga-tronics Incorporated (GIGA) President and Chief Executive Officer to Ring The NASDAQ Stock Market Closing Bell
Read article