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Acrodyne announces earnings growth last year despite weaker sales

Acrodyne Communications, manufacturer of the Quantum line of television transmitters with locations in Baltimore and Phoenixville/Oaks, Penn., has announced its net earnings for 2003 more than doubled 2002 net earnings.

Net earnings this year were $811,800 as compared to $389,300 for 2002. This marked improvement in performance over 2002 was accomplished on 25 percent less sales. Sales for 2003 were $19,232,000 versus $26,064,000 for 2002.

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