A Director at Tel-Instrument Electronics (Other OTC: TIKK) is Selling Shares

By Carrie Williams

Today, a Director at Tel-Instrument Electronics (TIKKResearch Report), Robert Rice, sold shares of TIKK for $13.05K.

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Based on Tel-Instrument Electronics’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $4.1 million and quarterly net profit of $501.1K. In comparison, last year the company earned revenue of $1.81 million and had a GAAP net loss of $746.1K. Currently, Tel-Instrument Electronics has an average volume of 300.

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Tel-Instrument Electronics Corp. engages in the design and manufacture of avionics test and measurement solutions. It operates through the following segments: Avionics Government, Avionics Commercial.