Turning now to highlights of the second quarter, our Government segment's revenue was up $20 million, or 38% compared to the same quarter of last year, including a $22 million increase in pass-through contract revenues.Government segment first half revenue was $130.3 million, up 38% growth over first half 2011, while gross profit was $25.8 million, up 7%. Government services revenue for the quarter was $33 million, up 2% from a year ago and contributed $8.4 million of gross profit, down from $11 million last year due to pricing compression on some contracts.
TeleCommunication Systems CEO Discusses Q2 Results - Earnings Call Transcript
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