The latest staffing, leadership and boardroom news from Michigan’s technology-focused companies, institutions and groups
Advanced Photonix Inc. (NYSE Amex: API) Tuesday announced it has retained Torrey Hills Capital Inc., located in Rancho Santa Fe, Calif., to act as investor relations consultants to the company.
The optics and electronics developer Advanced Photonix Inc. (NYSE Amex: API) reported revenue of $29.5 million in the fiscal year ended March 31, up 2 percent from the prior year. The incrase was led by the telecommunication, homeland security and medical markets.
Ann Arbor-based Advanced Photonix Inc. said Friday that it had established a new credit facility with the Chicago regional headquarters of Silicon Valley Bank.
The latest personnel and boardroom news from Michigan’s technology-focused companies and institutions
Advanced Photonix Inc. (NYSE Amex: API) reported a 30 percent revenue increase for its fiscal third quarter ended July 1, to $8.1 million from $6.3 million in the same quarter a year earlier. The company also bounced back to a profit from a loss.
The latest meeting and event notices from Michigan’s technology-focused companies and institutions
After a two-day surge in its stock price and volume, the Ann Arbor-based advanced electronics maker Advanced Photonix Inc. (NYSE Amex: API) Friday said it was company policy not to comment on “unusual market activity.”
Ann Arbor-based Advanced Photonix Inc. Monday reported a loss of $649,000 or 3 cents a share in the third fiscal quarter ended Dec. 31, vs. a loss of $1.3 million or 5 cents a share in the same quarter a year earlier. Revenue was $7.7 million, up from $4.6 million a year earlier.