Optek Technologies earnings increase

July 1, 1995
Second-quarter results for Optek Technology Inc. (Carrollton, TX) listed net earnings of more than $2,002,000, more than double the $887,000 earnings for the same period of the previous year. Sales for the period were $15.6 million, uٺ% from second-quarter 1994, and year-to-date earnings of $2,883,000 reflect a $1,825,000 increase. Optek produces optoelectronic, Hall effect, and fiberoptic sensors and emitters. In addition to increased sales, Optek chief financial officer D. Vinson Marley a

Optek Technologies earnings increase

Second-quarter results for Optek Technology Inc. (Carrollton, TX) listed net earnings of more than $2,002,000, more than double the $887,000 earnings for the same period of the previous year. Sales for the period were $15.6 million, uٺ% from second-quarter 1994, and year-to-date earnings of $2,883,000 reflect a $1,825,000 increase. Optek produces optoelectronic, Hall effect, and fiberoptic sensors and emitters. In addition to increased sales, Optek chief financial officer D. Vinson Marley attributes the increased profits to reduced production cycle times and improved statistical process-control techniques designed to reduce yield loss due to scrap.

Sponsored Recommendations

March 31, 2025
Enhance your remote sensing capabilities with Chroma's precision-engineered optical filters, designed for applications such as environmental monitoring, geospatial mapping, and...
March 31, 2025
Designed for compatibility with a wide range of systems, Chroma's UV filters are engineered to feature high transmission, superior out-of-band blocking, steep edge transitions...
March 31, 2025
Discover strategies to balance component performance and system design, reducing development time and costs while maximizing efficiency.
March 31, 2025
Filter accessories including cubes, sliders, and rings, designed to enhance the performance and versatility of optical systems. These components ensure precise alignment and stability...

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!