| Business Summary | | Herley
Industries,
Inc.
is
engaged
in
research,
engineering,
product
development,
and
manufacturing
of
complex
microwave
radio
frequency
(RF)
and
millimeter
wave
components
and
subsystems
for
commercial
wireless,
defense
and
space
customers
worldwide.
Herley
designs
and
manufactures
sophisticated
RF,
microwave
and
millimeter
wave
electronic
components
for
the
defense
industry.
These
products
receive,
transmit,
and
process
wireless
data
signals.
Herley
believes
a
significant
portion
of
its
microwave
technology
is
transferable
to
commercial
wireless
applications.
Herley's
technology
range
covers
the
entire
wireless
spectrum,
from
RF
(at
900
MHz
to
1800
MHz),
microwave
frequencies
(2.4
GHz
through
18.0
GHz),
to
millimeter
wave
frequencies
(20
GHz
through
40
GHz).
This
capability
gives
the
Company
the
ability
to
select
opportunities
in
both
fixed
wireless
broadband
and
mobile
wireless
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HRLY
is
engaged
in
research,
engineering,
product
development,
and
manufacturing
of
complex
microwave
radio
frequency
(RF)
and
millimeter
wave
components
and
subsystems
for
commercial
wireless,
defense
and
space
customers
worldwide.
For
the
39
weeks
ended
4/29/01,
net
sales
rose
10%
to
$56.7
million.
Net
income
fell
6%
to
$5.3
million.
Revenues
reflect
increased
sales
of
microwave
products.
Net
income
was
offset
by
increased
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Lee Blatt, 72 Chairman | $1.2M | -- | Myron Levy, 60 Pres,
CEO, Director | 910K | -- | Anello Garefino, 53 CFO,
VP-Fin., Treasurer | -- | -- | Allan Coon, 63 Sr.
VP | 217K | $105K | Howard Eckstein, 49 Sr.
VP | 144K | -- | Dollar amounts are as of 30-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|