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Robotic Vision Systems Reports Profitable Quarter

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CANTON, Mass., Nov. 10 -- Robotic Vision Systems Inc. reported that revenues for its fourth quarter ended September 30, 1999, increased 29 percent from the prior quarter to reach $40,271,000. Operating income for the fourth quarter was $1,278,000, while net income attributable to common stockholders was $94,000. These figures compare with fiscal 1998's fourth-quarter results of $28,402,000 in revenues and a net loss of $22,943,000, or 92 cents per share. RVSI attributed its return to profitability in the fourth quarter to gains across each of its businesses. Bookings rose...Read full article

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    Published: November 1999
    News & Features

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