Benthos (NASDAQ:BTHS)
Historical Stock Chart
From Jun 2019 to Jun 2024
![Click Here for more Benthos Charts. Click Here for more Benthos Charts.](/p.php?pid=staticchart&s=N%5EBTHS&p=8&t=15)
BENTHOS, INC. (NASDAQ: BTHS) today announced that it
expects to report record revenues of approximately $24 million for
fiscal year 2005, which ended on September 30, 2005.
The Company anticipates that fiscal 2005 sales for its Undersea
Systems Division will exceed $15 million, and that sales in the
TapTone Package Inspection Division will exceed $8 million.
Ronald L. Marsiglio, President and CEO, commented, "Fiscal 2005
has been a very good year for revenue growth. In addition, the outlook
for fiscal 2006 is positive. We expect the coming year to be another
period of growth for the Company."
The Company will report fourth quarter and fiscal year 2005
results towards the end of November 2005.
Benthos, Inc., through its Undersea Systems Division, designs,
manufactures, sells and services a variety of oceanographic products
for underwater tasks; and through its TapTone Package Inspection
Systems Division makes systems for testing consumer packages made of
glass, metal or plastic. The common stock of the Company is traded on
the Nasdaq SmallCap market under the symbol "BTHS". For more
information, Benthos can be found on the Internet at www.benthos.com.
Forward Looking Statements
The statements in this news release relating to plans, strategies,
economic performance and trends and other statements that are not
descriptions of historical facts are "forward-looking statements"
within the meaning of the Federal Securities Laws. The Company
believes that such statements are reasonable and are based on the
beliefs of the Company's management as well as assumptions made by and
information currently available to Company management. However, actual
results could differ materially from those currently anticipated due
to a number of factors that include: the timing of large project
orders, competitive factors, shifts in customer demand, government
spending, economic cycles, regulatory changes and other factors. More
information about these factors is contained in the Company's filings
with the Securities and Exchange Commission. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results or outcomes may vary
materially from those described herein. The Company does not undertake
and expressly disclaims any obligation to update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.