FAIR LAWN, N.J. , Aug. 14 /PRNewswire-FirstCall/ -- Henry Bros . Electronics, Inc. (Amex: HBE), a turnkey provider of technology-based integrated electronic security solutions, today announced results for the second quarter ended June 30, 2008 .
The Company reported revenue of
The Company reported net income of
Revenue for the six-month period ended June 30, 2008 was
Backlog as of June 30, 2008 was
Jim Henry , CEO of Henry Bros . Electronics, stated, "We are pleased to report continued success on a number of large-scale, multi-year integrated security projects. Our ability to customize security solutions for large businesses and enterprises located in major metropolitan areas has enhanced our market position, elevating our Company to the forefront of our nation's most critical security jobs."
Henry concluded, "Through our work with L-3 Communications, we are now
playing an integral role in the implementation of a Tactical Video Capture
System planned for installation at 15 U.S. Marine bases in the USA and abroad.
This project, valued at
Excluding the effect from the L-3 Contract discussed above, the Company is
reiterating its forecasted operating profit margin of 4% on
Conference Call Information:
Henry Bros . Electronics will be hosting a conference call on Thursday, August 14, 2008 , at 11:00 a.m. ET . To participate on the call, please use the following number and conference code:
A replay of the call will be available from Thursday, August 14, 2008 at 12:00 p.m., ET , through Sunday, September 14, 2008 at 11:59 p.m., ET . To access the replay, please call (800) 642-1687 in the United States or (706) 645-9291 outside the United States . To access the replay, users will need to enter the following code: 58917161.
About Henry Bros . Electronics, Inc.
Henry Bros . Electronics (Amex: HBE) provides technology-based integrated electronic security systems, services and emergency preparedness consultation to commercial enterprises and government agencies. The Company has offices in Arizona , California , Colorado , Maryland , New Jersey , New York , Texas and Virginia .
For more information, visit http://www.hbe-inc.com .
Safe Harbor Statement: Certain statements in this press release constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, as amended. Forward-looking statements
inherently involve risks and uncertainties that could cause actual results to
differ materially from the forward-looking statements. In particular, there
can be no assurance that the Company will achieve revenues of
SOURCE Henry Bros . Electronics, Inc.