BILLERICA, Mass.--(BUSINESS WIRE)--American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E®), today reported its financial results for the third quarter fiscal year 2007 ended December 31, 2006. The Company reported revenues of $47,797,000, net income of $8,072,000, and net income per share of $0.86 for the third quarter fiscal year 2007. This represents a 24% increase in revenues and a $0.09 decrease in net income per share versus the third quarter of the prior fiscal year.