HAUPPAUGE, N.Y.-With $18 million in order bookings during the second quarter, Microwave Power Devices Inc.’s backlog reached a record high of about $100 million, boosted by an $11.1 million military subcontract and a $4.5 million Qualcomm Inc. order.
MPD’s second-quarter net income tripled to $336,000, or 3 cents per share, from $112,000, or 1 cent per share, in 1997. Net sales grew 10 percent to $13.5 million, compared with $12.2 million for the same period last year.
