EDO Corp. (EDO)
EDO Corp. (EDO) Year 1997 Year 1998 Change Sales $94.4 $96.1 + 2 Operating income $7.5 $9.5 + 27 Earnings $5.9 $7.2 + 22 A favorable mix of higher-margin programs, combined with a $1 million increase in pension income accounted for the earnings growth. EDO increased its company-funded research and...
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