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Zygo Reports Loss, But Sees Recovery

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MIDDLEFIELD, Conn., Feb. 5, 2010 – While it reported a net loss of $1.9 million, or 11 cents a share, for the second quarter of fiscal 2010, Zygo Corp. said a 67 percent surge in Optical Systems bookings during the quarter show continuing recovery in its core optical and metrology markets. Zygo, a supplier of optical metrology instruments, precision optics, and electro-optical manufacturing services, reported revenue of $26.1 million for the second quarter of fiscal 2010, which ended Dec. 31, 2009—an increase of 22 percent over the first quarter, but down 25 percent over the same time period one year ago. The...Read full article

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    Published: February 2010
    Glossary
    electro-optics
    1. The branch of physics that deals with the use of electrical energy to create or manipulate light waves, generally by changing the refractive index of a light-propagating material; 2. Collectively, the devices used to affect the intersection of electrical energy and light. Compare with optoelectronics.
    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,...
    AmericasBusinesselectro-opticsEmploymentenergyindustrialmetrologyoptical metrologyOpticsprecision opticsWalter ShepardZygo

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