Close

Search

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

Spire Reports Results for First Quarter 1999

Photonics.com
May 1999
BEDFORD, Mass., May 18 -- Spire Corporation reported revenues of $3,818,000 for the first quarter of 1999, compared with $4,443,000 for the first quarter of the prior fiscal year. Net loss for the quarter was $149,000, or five cents per share, as compared to net income of $17,000, or one cent per share for the same quarter of 1998.
Roger G. Little, Spire's chairman and president, noted that the firm's photovoltaic equipment sales continued to be slow during the first quarter. He reported that Spire's customers have seen a recovery in the demand for their modules, which the company believes will translate into a need for more capital equipment. Little also commented that during the past quarter, Spire Optoelectronics made available its III-V epitaxial growth and processing facilities to start-up companies and the R&D departments of larger corporations in an effort to stimulate semiconductor and wafer market activity.

News & Features

Comments
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, info@photonics.com

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.