Technical Communications Corporation (TCCO) 2008年年度报告「NASDAQ」.pdf

1、Technical Communications Corporation2008 Annual ReportEncryption Solutions Communicate in ConfidenceDecember 2008To Our Shareholders,I am pleased to report to you that fiscal 2008 was a year that produced positive financial performance with improvements in both revenues and profitability.These resul

2、ts reflect successes in developing new international projects that have a sustainable follow-on business base combined with new opportunities for the introduction of the entire TCC product line.Both the radio and network encryption product lines produced significant sales and orders,boosting our rev

3、enues in 2008 and our business outlook for fiscal 2009.Revenues in fiscal 2008 increased to$6.9 million,which is a 39%increase over fiscal 2007,and we produced a profit of$1,061,000 for the period,up 25%from 2007.These results are largely due to continuing strong sales of our radio encryption produc

4、ts.In addition to the improved sales and profit performance,TCCs backlog at the end of the year is at$7,146,000 which is a 93%increase from the fiscal 2007 year-end position.Subsequent orders have increased backlog to approximately$9,500,00 as of mid-December,2008,which provides a strong foundation

5、for revenue performance in 2009 and 2010.For the fiscal year ended September 27,2008,the Company reported revenues of$6,852,000 as compared to$4,920,000 for the previous year.Income for fiscal year 2008 was$1,061,000 or$0.75 per share,as compared to a net income of$846,000 or$0.62 per share in fisca

6、l 2007.During fiscal 2008,significant sales were generated by our DSP9000 radio encryption product line with shipments to several customers in South America and a continuation of sales destined for use in Afghanistan by both the coalition and indigenous forces.TCCs DSP9000 family of radio encryption