Rofin-Sinar Technologies Inc., the industrial laser maker with dual headquarters in Plymouth and Hamburg, Germany, reported lower revenue and net income for the second fiscal quarter and the first six months of the fiscal year ended March 31.
The Lansing biotech products developer reported a healthy increase in both sales and profitability in the fiscal quarter ended Feb. 29.
Bonal International Inc. Wednesday announced a slow but still profitable third fiscal quarter ended Dec. 31.
The Livonia-based automotive safety systems developer and manufacturer TRW Automotive Holdings Corp. reported fourth quarter sales of $4 billion, up 7 percent from a year earlier, and net income of $425 million or $3.27 a share, up from $204 million or $1.56 a share a year earlier.
General Motors made $7.6 billion in 2011, its best annual profit ever. GM said it will pay profit sharing of up to $7,000 to approximately 47,500 eligible U.S. hourly employees.
The generic drug and health and beauty product manufacturer Perrigo Co. Tuesday reported record revenue and profit for the second fiscal quarter ended Dec. 31.
Rofin-Sinar Technologies Inc., the industrial laser manufacturer with dual headquarters in Plymouth and in Hamburg, Germany, Thursday reported lower sales and profits for its first fiscal quarter ended Dec. 31.
Revenue rose, but not as fast as costs for the Detroit-based software and IT services giant. As a result, profitability declined.
Company officials say they failed to meet revenue and income goals for the second fiscal quarter ended Nov. 30, but see better days ahead.
Advanced Photonix Inc., the maker of advanced optical and electronic communications gear and terahertz instrumentation, reported revenue of $8.4 million in the quarter ended Sept. 30, up 19 percent from $7 million a year earlier.