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Photon Control Nets $12.2M in 2015 Earnings

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BURNABY, Canada, April 1, 2016 — Optical measurement technology firm Photon Control Inc. has reported financial results for the 2015 fiscal year, achieving peak annual sales and profit results.

Product sales for 2015 reached $27.6 million, the strongest year on record, representing an increase of $6.6 million or approximately 31 percent compared with $21 million reported in 2014. The company’s 2015 profit before taxes was $12.2 million, a new record level and an increase of approximately 72 percent compared with a profit before taxes of $7.1 million reported in 2014.

Photon Control designs, manufactures and distributes a range of optical sensors and instruments to measure temperature, pressure, position and flow. These products are used by OEMs as well as end-users in the semiconductor, oil and gas, power, life science, and manufacturing industries.
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Published: April 2016
Glossary
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,...
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