Rofin-Sinar Reports Sales, Net Income
PLYMOUTH, Mich. and HAMBURG, Germany, May 11 -- Rofin-Sinar Technologies, Inc. announced net sales of $31 million and net income of $0.9 million for the second fiscal quarter of 1999. As noted by Dr. Peter Wirth, company chairman and CEO, The results for this quarter were still influenced by below average marking sales levels and supplier related quality issues in our Slab-laser production. We believe that the quality related problems are behind us now and we are also experiencing higher activities in the semiconductor market again. This, together with our still high order backlog, makes us optimistic for the future.
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