EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp. (“Tel”, “Tel-Instrument” or the “Company”) (NYSE MKT: TIK), a leading designer and manufacturer of avionics test and measurement solutions, today reported its financial results for the fourth quarter and fiscal year ended March 31, 2015. Financial Highlights for Fourth Quarter of Fiscal Year 2015 Revenues increased to $6.4 million, a 43% increase versus the same quarter in the previous year. Reduction in SG&A expenses
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