New products lift Excel Technology

February 6--Laser systems manufacturer Excel Technology said fourth-quarter earnings jumped 73 percent on the introduction of new products.

The East Setauket-based company said profits were $4.4 million, or 36 cents per share, up from $2.5 million for the prior year. Profits for 2005 were up three percent to $15.2 million, including an $800,000 charge related to a lease dispute.

Excel said its fourth-quarter revenue of $36.4 million was up 16 percent from the year-before quarter. Its 2005 revenue of $137.7 million was its highest on record, the company said.

Fourth-quarter bookings topped $144 million, the company stated.

Get All the Industrial Laser Solutions News Delivered to Your Inbox

Subscribe to Industrial Laser Solutions Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
ILS Blogs
David Belforte
David Beleforte

Let's grow LME

Mon Apr 22 08:51:00 CDT 2013

Looked at manufacturing lately?

Wed Mar 20 09:57:00 CDT 2013

Industrial laser market meets forecast

Fri Mar 08 10:59:00 CST 2013

Photonics West features ultra-fast and fiber lasers

Mon Feb 18 13:31:00 CST 2013

Follow us at Join us on

Twitter - Industrial Laser Solutions


Replacement lenses from II-VI Infrared eliminate need for beam centering

II-VI Infrared, the world leader in CO2 laser optics, is now providing replacement Trumpf Cut Len...

II-VI Incorporated to Webcast FY 2012 Third Quarter Earnings

PITTSBURGH, April 17, 2012 /GLOBE NEWSWIRE/ - II-VI Incorporated (NASDAQ: IIVI) today announced t...

II-VI Inc Announces Acquisition of Aegis Lightwave Inc

II-VI Incorporated (NASDAQ: IIVI) announced today that it has acquired all of the outstanding sha...

See Article Archive

View Industrial Laser Solutions past articles.

Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS