Late on Tuesday, industrial machinery maker, Pall Corp. (NYSE: PLL) announced that its fiscal first-quarter 2009 net profit rose 19% to $43.1 million, or 36 cents a share, from $36.1 million, or 29 cents a share in the same quarter in 2007. Excluding one-time charges, the East Hills, N.Y.-based company earned 40 cents a share compared with 36 cents a year ago. Revenue grew 3% to $578 million. Analysts on average expected the company to earn 37 cents a share on revenue of $578 million. Eric Krasnoff, Chairman and CEO, stated, "We are pleased with this result particularly given the turbulent macroeconomic environment. Our ongoing productivity improvement and cost reduction initiatives have provided the foundation to deliver gross margin improvement of 170 basis points over last year and operating margin of 13.8%, a 70 basis point improvement." Shares of Pall Corp. climbed 6.27% in extended trading.

SAIC Inc. (NYSE: SAI) said that its third-quarter net income climbed to $120 million or 30 cents a share, from $105 million, or 25 cents a share in the comparable quarter in 2007. Income from continuing operations were 29 cents a share compared with 27 cents a share in the same quarter in 2007. Revenue jumped 11% to $2.63 billion from $2.36 billion. Consensus estimates were for the company to earn 30 cents a share on revenue of $2.57 billion. SAIC chairman and chief executive officer, Ken Dahlberg stated "We continue to deliver strong contract performance and financial results consistent with our plan." Commenting on the results, Mark Sopp, SAIC chief financial officer said, "We are on track to meet all of our key financial metrics for the year, including revenue, operating margin, earnings per share, and cash flows from operations. We continue to use our cash prudently, through selected acquisitions and share repurchases. We are currently investing our cash conservatively, with correspondingly lower returns, in light of the uncertainty in the financial markets." SAIC Inc. rose 3.54% in post market trade on Tuesday.

ADC Telecommunications (NASDAQ: ADCT) posted a wider fourth quarter net loss of $45.4 million, or 39 cents a share, compared to $7.6 million, or 7 cents a share in the same period a year ago. Excluding items, the company would have reported net income of 19 cents a share for the latest quarter. Sales rose 10% to $352 million. Analysts on average had projected earnings of 15 cents a share on revenue of $350.2 million. In a statement, chairman, president and chief executive Robert Switz said "We expect to continue experiencing challenges associated with the global economic climate as we enter 2009."  In after-hours session, the stock was up 4.17%.