Henry Bros. reports record results
SADDLE BROOK, N.J.--Henry Bros. Electronics, a public company trading on the American Stock Exchange, reported 42-percent growth YTD for the year ended Dec. 31, 2005, with revenues of $42.2 million. With a current backlog of $16 million, Henry Bros. is forecasting a 2006 revenue target of $45 million to $48 million, with an operating margin of six percent.
This represents the second straight year of roughly 40-percent growth. The company is now roughly four times larger than when it went public in 2001 as Diversified Security Solutions.