ETCC 1.89 - adding a few into expected positive Q2 release - upcoming soon - filed on 10/9/23 last year.
SOUTHAMPTON, Pa., July 18, 2024 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 24, 2024 (the “2025 first fiscal quarter”).
Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “We are pleased with the 76% increase in ETC sales vs. prior year driven by a 116% increase in sales of Aircrew Training Solutions vs. prior year and a 91% increase in sales vs. prior year within our Sterilizer Systems business. As a result of the strong bookings in the first quarter of fiscal 2025, ETC finished the quarter with a record backlog of approximately $114 million, which we anticipate will continue to drive increases in production, sales and profitability over the next 2-years.”
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SOUTHAMPTON, Pa., Sept. 09, 2024(GLOBE NEWSWIRE) -- Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Aerospace Solutions Segment announced it has been awarded $9.7 million in contracts from three international customers in the Aeromedical Training Solutions (“ATS”) business unit for mid-life upgrades of various Aerospace products as well as a contract for an Airfield Driver Training Simulator System at a large International Airport located in the United States by its Simulation business unit (“ADMS”).
In addition, ETC’s Commercial/Industrial Systems Segment was awarded $3.7 million in contracts from two domestic customers. The contracts include four steam sterilizer system chambers from the Sterilization Systems Group as well as the design, supply and installation of a 300kW air to water heat pump Psychometric Test Room by ETC’s Environmental Testing and Simulation Systems (“ETSS”) unit.
“These six contracts highlight the broad based demand for ETC’s engineered solutions across all our business units” states Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President.
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