Micronetics earnings fall 66%

Micronetics Wireless Inc. has reported fiscal first-quarter earnings of $185,000, or 4 cents a share, down 66 percent from $548,000, or 11 cents a share, a year earlier.

The Hudson-based maker of microwave and radio frequency components said revenue in the quarter ended June 30 fell 7 percent, to $6.31 million from $6.81 million. – JEFF FEINGOLD

Categories: News