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Rofin-Sinar Ends Fiscal Year on a High Note

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PLYMOUTH, Mich., Nov. 13, 2014 — Sales were mostly steady and profits were better than expected as Rofin-Sinar Technologies Inc. closed its fiscal year. Net income for the fourth quarter of fiscal 2014 was $12 million, up 22.2 percent from $9.8 million in the fourth quarter of fiscal 2013. Sales totaled $146.1 million, down 1 percent from $147.6 million in 2013. Revenue from lasers for macro applications increased by 7 percent to $57.4 million, while revenue from lasers for micro and marking applications decreased by 6 percent to $69.4 million. Components revenue decreased 4 percent to $19.3 million. CEO...Read full article

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    Published: November 2014
    Businessfiber lasersAmericasMichiganRofin-SinarLasers

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