Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Spectra-Physics Gives Second-Quarter Results
Jul 2000
MOUNTAIN VIEW, Calif., July 21 -- Spectra-Physics, a majority-owned subsidiary of Thermo Electron Corp., cited the continued growth of the telecommunications market as part of the reason for its successful second quarter.
Net sales reached $42.3 million for the second quarter of 2000, 21 percent better than $34.9 million for the same 1999 period. Net income for the second quarter of 2000 was $1.2 million, or $0.07 per diluted share, compared with $0.3 million, or $0.02 per diluted share, for the same 1999 period. The company's book-to-bill ratio for the second three months of fiscal 2000 was 1.19, consistent with 1.19 for the second quarter of 1999.
Spectra-Physics' second quarter was strong across the board--in orders, sales and earnings growth, said Patrick L. Edsell, the company's chairman, president and CEO. We saw continued momentum in our core markets, while making progress as expected in the high-growth telecommunications market for passive and active components used in dense wavelength division multiplexing devices.

CommunicationsNews & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
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.