FRANKLIN PARK, Ill.--(BUSINESS WIRE)--Del Global Technologies Corp. (OTCBB: DGTC) (“Del Global” or “the Company”) today announced financial results for its fiscal 2008 first quarter ended October 27, 2007.
Consolidated net sales for the first quarter of fiscal 2008 rose 38.5% to $26.7 million from $19.3 million in the first quarter of fiscal 2007, due to higher sales at the Medical Systems Group. Net sales at the Medical Systems Group rose 44.9% to $24.1 million from the comparable prior year period, due to increased international sales and strong equipment sales to the dental market. Sales at the Power Conversion Group (“RFI”) during the first quarter of fiscal 2008 were $2.6 million, roughly equal to sales in the same period last year.
