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Advanced Photonix Reports Revenue Increase

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CAMARILLO, Calif., Aug. 10 -- Advanced Photonix Inc. -- designer and manufacturer of standard and custom silicon photodiodes for commercial, military and space applications -- has reported a first quarter increase in sales and revenues, partly due to growing acceptance of the company's new technology in the marketplace, said an Advanced Photonix spokesperson. The first quarter ended June 25 saw revenues of $1.7 million, compared with $1.5 million in revenues for the same 1999 period. Net income for the first quarter was $194,000, or $.02 per share, compared with a net loss of...Read full article

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    Published: August 2000
    defenseNews & Features

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