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News

Fortune recognition for American Science and Engineering

American Science And Engineering : 01 July, 2008  (Company News)
Security supplier enters Fortune small business 100 list in 61st position
American Science and Engineering has announced that Fortune Small Business has ranked the Company number 61 in this year's list of Fastest Growing Small Public Companies.

"We appreciate this honour from Fortune Small Business," said Anthony Fabiano, President and CEO of AS&E. "In this fiscal year, we concentrated on increasing our pipeline of global opportunities, and thus boosted international revenue by 43% — with sizable revenue increases from key regions around the world including the Middle East, Africa, South America, and Europe. We continue to focus on providing leading edge technologies to assist governments and corporations worldwide to combat terrorism, drug and weapons smuggling, and trade fraud."

The Fortune Small Business 100 list, now in its 8th year, ranks public companies with revenues of less than $200 million and a stock price of more than $1. All companies that meet these criteria are ranked, 1 - 100, by their three-year annualised rates of revenue growth, EPS growth, and total return to investors. Fortune Small Business calculated a log linear growth rate of trailing four quarters EPS and revenue over a three-year period, through the quarter ended on or before Feb 29, 2008. Total return to investors is calculated for the three-year period ended Dec 31, 2007.
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