New products lift Excel Technology

    Feb. 6, 2006
    February 6--Laser systems manufacturer Excel Technology said fourth-quarter earnings jumped 73 percent on the introduction of new products.

    February 6--Laser systems manufacturer Excel Technology said fourth-quarter earnings jumped 73 percent on the introduction of new products.

    The East Setauket-based company said profits were $4.4 million, or 36 cents per share, up from $2.5 million for the prior year. Profits for 2005 were up three percent to $15.2 million, including an $800,000 charge related to a lease dispute.

    Excel said its fourth-quarter revenue of $36.4 million was up 16 percent from the year-before quarter. Its 2005 revenue of $137.7 million was its highest on record, the company said.

    Fourth-quarter bookings topped $144 million, the company stated.

    Continue Reading

    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!