Search
Menu
Vescent Photonics LLC - Lasers, Combs, Controls 4/15-5/15 LB

Laser Power Corp. Reports Results; Will Sell Loss Operations

Facebook X LinkedIn Email
SAN DIEGO, Dec. 2 -- Laser Power Corp. announced results for its fourth quarter ended Sept. 30, 1999. Net income from continuing operations was $543,000, or six cents per diluted share, compared with a net loss of $2,922,000, or 35 cents per diluted share, in the fourth quarter of the prior year. Laser Power reported that its board of directors has adopted a plan under which the company will sell its microlaser operations and focus its contract research activities on its core optics businesses. According to Dick Sharman, Laser Power's CEO, The Board has concluded that the best...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: December 1999
    News & FeaturesLasers

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.