Giga-tronics +64% on $4.9M aircraft filter order [Seeking Alpha]
GIGA-TRONICS INC (GIGA)
US:NASDAQ Investor Relations:
investor.gigatronics.com
Company Research
Source: Seeking Alpha
Giga-tronics +64% on $4.9M aircraft filter orderGiga-tronics (NASDAQ:GIGA)+64.3% after-hours on news of an additional $4.9M order extending ongoing production of its high performance RADAR filters used in fighter jet aircraft for a "major aerospace company."GIGA expects to begin initial shipments of the new order during FQ4 and complete the bulk of the new order shipments over the succeeding 9 -12 months.GIGA also offers guidance on its 2018 Q2, which ended on Sept. 30, seeing net sales of $2M-$2.2M, vs. $2M in FQ1 and $4.4M in the year-ago quarter.Now read:Technology - Top Gainers / Losers as of 2:55 pm »
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