Watch this> Giga-Tronics Incorporated (GIGA) $ 2.
Post# of 22759
Posted On: 05/14/2015 11:12:01 PM
Watch this> Giga-Tronics Incorporated (GIGA)
$ 2.09 ▼ -0.74 (-26.15%)
Volume: 2,962,192
Giga-tronics Receives $3.0 Million Order for High Performance YIG Tuned Filter Products
SAN RAMON, Calif. — May 13, 2015 -- Giga-tronics Incorporated announced today that it has received a $3.0 million order extending ongoing production of its high performance YIG filters for a major aerospace company. The Company expects to start shipments for this order in September 2015. The order will be fulfilled by Giga-tronics' Microsource subsidiary co-located with the Company’s instrument division in San Ramon, California. John Regazzi, President and CEO of Giga-tronics, said “We are pleased to have our customer’s continued confidence in Giga-tronics to deliver this sole sourced product on time, while meeting their high standards for quality and reliability.”
Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA". Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.
This press release contains forward-looking statements concerning operating results, future orders, sales of new products, long term growth, shipments, and customer acceptance of new products. Actual results may differ significantly due to risks and uncertainties, such as: delays in customer orders for the new Advanced Signal Generation System, receipt or timing of future orders, cancellations or deferrals, our ability to continue as a going concern, our need for additional financing, possible delisting from trading on the NASDAQ Capital Market and moving to the OTCQB marketplace; the volatility in the market price of our common stock; and general market conditions. For further discussion, see Giga-tronics' most recent annual report on Form 10-K for the fiscal year ended March 29, 2014, Part I, under the heading "Risk Factors" and Part II, under the heading "Management's Discussion and Analysis of Financial Condition and Results of Results of Operations".
Read More: http://investorshangout.com/post/view?id=2943...z3aAo5ZiuT
GIGA-TRONICS INCORPORATED
(Exact name of registrant as specified in its charter)
California
0-12719
94-2656341
(State or other jurisdiction
of incorporation)
(Commission File No.)
(IRS Employer
Identification Number)
4650 Norris Canyon Road, San Ramon, CA
94583
(Address of principal executive offices)
(Zip Code)
(925) 328-4650
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition.
On May 13, 2015, Giga-tronics Incorporated announced a $3.0 million order for high-performance YIG-tuned filter products. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
(d) Exhibit 99.1
Press Release dated May 13, 2015
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GIGA-TRONICS INCORPORATED
Date: May 14, 2015
By: /s/ STEVEN D. LANCE
Steven D. Lance
Vice President of Finance,
Chief Financial Officer and Secretary
Exhibit 99.1
NEWS RELEASE
For Immediate Release
Contact: Steven D. Lance
May 13, 2015
Vice President of Finance/Chief Financial Officer
slance@gigatronics.com
(925) 302-1056
Giga-tronics Receives $3.0 Million Order for High Performance YIG Tuned Filter Products
SAN RAMON, Calif. — May 13, 2015 -- Giga-tronics Incorporated announced today that it has received a $3.0 million order extending ongoing production of its high performance YIG filters for a major aerospace company. The Company expects to start shipments for this order in September 2015. The order will be fulfilled by Giga-tronics' Microsource subsidiary co-located with the Company’s instrument division in San Ramon, California. John Regazzi, President and CEO of Giga-tronics, said “We are pleased to have our customer’s continued confidence in Giga-tronics to deliver this sole sourced product on time, while meeting their high standards for quality and reliability.”
Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA". Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.
This press release contains forward-looking statements concerning operating results, future orders, sales of new products, long term growth, shipments, and customer acceptance of new products. Actual results may differ significantly due to risks and uncertainties, such as: delays in customer orders for the new Advanced Signal Generation System, receipt or timing of future orders, cancellations or deferrals, our ability to continue as a going concern, our need for additional financing, possible delisting from trading on the NASDAQ Capital Market and moving to the OTCQB marketplace; the volatility in the market price of our common stock; and general market conditions. For further discussion, see Giga-tronics' most recent annual report on Form 10-K for the fiscal year ended March 29, 2014, Part I, under the heading "Risk Factors" and Part II, under the heading "Management's Discussion and Analysis of Financial Condition and Results of Results of Operations".
$ 2.09 ▼ -0.74 (-26.15%)
Volume: 2,962,192
Giga-tronics Receives $3.0 Million Order for High Performance YIG Tuned Filter Products
SAN RAMON, Calif. — May 13, 2015 -- Giga-tronics Incorporated announced today that it has received a $3.0 million order extending ongoing production of its high performance YIG filters for a major aerospace company. The Company expects to start shipments for this order in September 2015. The order will be fulfilled by Giga-tronics' Microsource subsidiary co-located with the Company’s instrument division in San Ramon, California. John Regazzi, President and CEO of Giga-tronics, said “We are pleased to have our customer’s continued confidence in Giga-tronics to deliver this sole sourced product on time, while meeting their high standards for quality and reliability.”
Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA". Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.
This press release contains forward-looking statements concerning operating results, future orders, sales of new products, long term growth, shipments, and customer acceptance of new products. Actual results may differ significantly due to risks and uncertainties, such as: delays in customer orders for the new Advanced Signal Generation System, receipt or timing of future orders, cancellations or deferrals, our ability to continue as a going concern, our need for additional financing, possible delisting from trading on the NASDAQ Capital Market and moving to the OTCQB marketplace; the volatility in the market price of our common stock; and general market conditions. For further discussion, see Giga-tronics' most recent annual report on Form 10-K for the fiscal year ended March 29, 2014, Part I, under the heading "Risk Factors" and Part II, under the heading "Management's Discussion and Analysis of Financial Condition and Results of Results of Operations".
Read More: http://investorshangout.com/post/view?id=2943...z3aAo5ZiuT
GIGA-TRONICS INCORPORATED
(Exact name of registrant as specified in its charter)
California
0-12719
94-2656341
(State or other jurisdiction
of incorporation)
(Commission File No.)
(IRS Employer
Identification Number)
4650 Norris Canyon Road, San Ramon, CA
94583
(Address of principal executive offices)
(Zip Code)
(925) 328-4650
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition.
On May 13, 2015, Giga-tronics Incorporated announced a $3.0 million order for high-performance YIG-tuned filter products. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
(d) Exhibit 99.1
Press Release dated May 13, 2015
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GIGA-TRONICS INCORPORATED
Date: May 14, 2015
By: /s/ STEVEN D. LANCE
Steven D. Lance
Vice President of Finance,
Chief Financial Officer and Secretary
Exhibit 99.1
NEWS RELEASE
For Immediate Release
Contact: Steven D. Lance
May 13, 2015
Vice President of Finance/Chief Financial Officer
slance@gigatronics.com
(925) 302-1056
Giga-tronics Receives $3.0 Million Order for High Performance YIG Tuned Filter Products
SAN RAMON, Calif. — May 13, 2015 -- Giga-tronics Incorporated announced today that it has received a $3.0 million order extending ongoing production of its high performance YIG filters for a major aerospace company. The Company expects to start shipments for this order in September 2015. The order will be fulfilled by Giga-tronics' Microsource subsidiary co-located with the Company’s instrument division in San Ramon, California. John Regazzi, President and CEO of Giga-tronics, said “We are pleased to have our customer’s continued confidence in Giga-tronics to deliver this sole sourced product on time, while meeting their high standards for quality and reliability.”
Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA". Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.
This press release contains forward-looking statements concerning operating results, future orders, sales of new products, long term growth, shipments, and customer acceptance of new products. Actual results may differ significantly due to risks and uncertainties, such as: delays in customer orders for the new Advanced Signal Generation System, receipt or timing of future orders, cancellations or deferrals, our ability to continue as a going concern, our need for additional financing, possible delisting from trading on the NASDAQ Capital Market and moving to the OTCQB marketplace; the volatility in the market price of our common stock; and general market conditions. For further discussion, see Giga-tronics' most recent annual report on Form 10-K for the fiscal year ended March 29, 2014, Part I, under the heading "Risk Factors" and Part II, under the heading "Management's Discussion and Analysis of Financial Condition and Results of Results of Operations".
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
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