WPCS International Inc. (WPCS) Reports Q4 and FY 2008 Results
WPCS International Incorporated (WPCS), an engineering services company specializing in communications systems and wireless infrastructure, reported fourth quarter and full year 2008 results this afternoon. Figures did not differ materially from those pre-announced on July 17, 2008. Quarterly revenues rose to $26.7 million, a 51% increase compared to a year ago. Net income for the quarter totaled $921,000, or 13 cents per share, a decline of 34% year-over-year. The lone analyst that covers the company expected earnings of 22 cents per share on sales of $30.8 million. Annual revenues for fiscal 2008 were $101.4 million, a record for WPCS and…