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Applied Energetics Reports Q1 Revenue Slide

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TUCSON, Ariz., May 10, 2011 — Applied Energetics Inc., manufacturer of applied energy systems for military and commercial applications, reported that revenue for the first quarter of 2011 decreased by 22.2 percent to approximately $2.8 million compared with $3.6 million for the same period last year. In the first quarter of 2011, revenue for the counter-IED program decreased by $454,000 to $1.7 million, revenue from laser-guided energy decreased by $130,000 to $707,000, and revenue for the ultrashort-pulse laser product line decreased by $420,000 to $146,000; however, revenue from high-voltage products increased by...Read full article

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