AML Communications (AMLJ:OTCBB) announced today that it's third quarter ended December 31, 2008 nets sales increased with $3.5 million in sales compared to $2.2 million for the same quarter last year. AMLJ reported a net profit of $303,000 or three cents per share versus $60,000 or one cent per share compared to the same quarter last year.
The company stated that revenues for the quarter refelct core business growth. Large production program impacts are evident on the top and bottom lines, the company said.
AMLJ closed at .90 in Friday's session on light volume, up 1.12% on the day.