Avcorp 2012 net income jumps on increased sales to Boeing

Avcorp reported $20.6 million net income for the full year 2012, reversed from a net loss of $2.5 million in 2011. Revenues rose 3.9% year-over-year to $89.3 million and operating income was $24 million versus the prior year’s $362,000 operating loss. The airframe structures designer attributed its...

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