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Rockwell Collins reports first quarter fiscal year 2010 earnings per share of $0.76

Rockwell Collins reported net income of $121 million for its fiscal year 2010 first quarter ended December 31, 2009, a decrease of $30 million, or 20%, from fiscal year 2009 first quarter net income of $151 million. Earnings per share was $0.76, a decrease of $0.19, or 20%, from earnings per share of $0.95 for the same period in 2009.

First quarter 2010 sales decreased $31 million, or 3%, to $1.027 billion compared to sales of $1.058 billion for the same period a year ago. Incremental sales from the acquisitions of DataPath, Inc. and SEOS Group Ltd. contributed $69 million of revenue growth.

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