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Zygo Earns Q4 Profit, Posts Loss for Year

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MIDDLEFIELD, Conn., Aug. 20, 2010 — After posting a $47.4 million loss during Q4 2009, Zygo Corp. recorded a profit for the fourth quarter of 2010 of $4.1 million, or 23 cents per share, the optical metrology instruments and precision optics supplier announced. The earnings represent its first quarterly profit in almost two years. The company also posted a loss for fiscal 2010 of $6.3 million, or 37 cents a share, compared to the loss of $66 million, or $3.92 per share, it recorded for fiscal 2009. Zygo said its Q4 net earnings include an income tax benefit of $1.5 million, or 9 cents per share, and that revenue for...Read full article

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    Published: August 2010
    Glossary
    laser fusion
    Optical confinement of matter with high field energies intended to induce a stable nuclear fusion interaction.
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    AmericasbookingsBusinessChris Koliopoulosearningsenergyfiscallaser fusionlossmarketsmetrologyoptical metrologyOpticsprecision opticsrevenueTest & MeasurementZygo

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