The increase in revenue reflects an increase of 3% in Aerospace Products revenue and an increase of 0.3% in Professional Services revenue. Revenue increased 1% to $19.6 million in the three months ended October 31, 2023, as compared to $19.3 million in the three months ended October 31, 2022. Both the Professional Services and Aerospace Products segments experienced increases in revenue. The quarter ended October 31, 2023, was positive.
New Product Research and Development Cost Historical selected financial data related to all operations: