Datron Systems Reports 22% Decrease for Year

Datron Systems reported that its earnings fell 22% to $1.4 million, or 51 cents a share, in the year ended March 31. Revenue increased 3%, to $22.5 million.

The Simi Valley defense contractor reported that it expects earnings to improve in the current fiscal year. Its backlog of orders is now at $25 million, an all-time high, the company reported.