Analytical Graphics, Inc. (AGI)
today announced record financial results for its fiscal quarter ended
November 30, 2002. Record revenue for the third quarter increased
$1.8 million, or 34%, to $7.3 million, as compared to the same quarter in the
prior year. Revenues derived from software licenses increased $1.2 million,
or 39%, to $4.3 million, as compared to the same quarter last year. AGI also
realized record earnings before taxes of $1.6 million compared to $1.1 million
for the same quarter in the previous year.
“We are delighted with our third quarter results. Demand for our products
and technology continues to accelerate across all segments of our marketplace,
particularly in the area of battlespace management and missile defense
applications,” said Bill Broderick, AGI’s chief financial officer. “AGI’s
performance for the third quarter generated more than $3 million in free cash
flow, further enhancing our financial position and long-term growth
prospects.”
Malvern, PA-based AGI offers commercial off-the-shelf (COTS) geospatial
analysis and visualization software to more than 28,000 aerospace, defense,
and intelligence professionals worldwide through its core product Satellite
Tool Kit® (STK) and a comprehensive set of STK add-on modules. With
integrated land, sea, air, and space elements, the STK software suite provides
technology solutions for all phases of industry programs and initiatives.
Basic STK applications include calculating and visualizing a vehicle’s
position and attitude, determining acquisition times, and analyzing its field
of view. The functionality of STK can be extended with add-on modules that
support specialized tasks including 3-D battlespace visualization,
communications link analysis, collision avoidance, maneuver planning, real-
time data interfacing, high-fidelity missile modeling, GIS analysis, attitude
simulation, orbit determination, and coverage assessment.
STK Standard is available free of charge to all aerospace and defense
professionals. For additional information on AGI and the STK software suite,
or to obtain a free STK CD-ROM, call 1.800.220.4785 or 1.610.578.1000, e-mail
info@stk.com, or explore www.stk.com.
