Advanced Photonix Loss Grows Despite Higher RevenueAdvanced Photonix Inc. (NYSE: API) reported revenue of $7.5 million in the third fiscal quarter ended Dec. 27, up 28 percent from $5.8 million in the same quarter a year earlier. The company said revenue was flat from the prior quarter.
Advanced Photonix Loss Shrinks As Revenue GrowsAdvanced Photonix Inc. (NYSE: API) late Tuesday reported a loss of $578,000 or 2 cents a share in the second fiscal quarter ended Sept. 30, an improvement from a loss of $1.3 million or 4 cents a share in the same quarter a year earlier. Revenue jumped 35 percent.
Advanced Photonix Gets World's First UL Certification For Terahertz SystemThe Ann Arbor optical and electronic equipment developer Advanced Photonix (NYSE: API) said it had received the world's first full certification from Underwriters Laboratory to use the UL Listing Mark for the T-Gauge terahertz frequency generation system.
Advanced Photonix Gets 100G Commitment From Major CustomerPicometrix LLC, a subsidiary of Ann Arbor-based Advanced Photonix Inc. (NYSE: API), Monday announced it has successfully completed its annual negotiations to supply high-speed optical receivers to a leading telecom systems manufacturer.
Advanced Photonix Sells T-Gauge System To Aircraft Industry For TestingAnn Arbor-based Advanced Photonix Inc. (NYSE: API) announced that it has sold the first T-Gauge 5000 system to a Fortune 500 aircraft component manufacturer.
Advanced Photonix Reports Improved ResultsAdvanced Photonix Inc., the Ann Arbor manufacturer of optic and electronic telecommunications gear, reported a smaller loss on higher revenue in its first fiscal quarter ended June 28.
NSF Grant Boosts New Photonics, Laser Education At Baker College of FlintBaker College of Flint has received nearly $200,000 in a grant from the National Science Foundation that fast-forwards the state’s first photonics and laser technology associate degree program being launched fall quarter. Classes begin Sept. 30.
Advanced Photonix Announces Continued Market Penetration and Terahertz SuccessAdvanced Photonix, the leading supplier of terahertz systems to industry, announced that it has sold two new T-Gauge terahertz sensor systems.
Advanced Photonix Fiscal Year Loss Grows On Sales SlumpAdvanced Photonix Inc., the Ann Arbor manufacturer of optical and electronic data transmission equipment and terahertz instrumentation, Monday reported a larger loss on a sales slump for the fiscal year ended March 31.
Advanced Photonix Rolls out New Receiver For High-Capacity 100G NetworksAdvanced Photonix (NYSE MKT: API) Friday announced that Picometrix, LLC, an API wholly owned subsidiary, has introduced a new 100G coherent receiver and has increased its supply chain capacity to meet demand in the growing 100G coherent optical communications market.
Advanced Photonix Announces Sale of T-Ray Sensor to ChinaAdvanced Photonix announced Tuesday that it has sold a T-Gauge terahertz sensor to Shanghai Gaojing in Shanghai, China.
Advanced Photonix Gets $1.56M Contract for Navy Missile ProgramAdvanced Photonix (NYSE MKT: API) Monday announced an order from the United States Navy for $1,562,072 within the next 20 months.
Advanced Photonix Reports FY2013 Third Quarter ResultsAdvanced Photonix Inc. Monday reported slightly lower sales and a slightly higher loss for its third fiscal quarter ended Dec. 28.
Advanced Photonix Reports Sharply Lower Sales, Bigger LossAdvanced Photonix Inc. Tuesday reported sharply lower sales and a larger loss for the second fiscal quarter ended Sept. 28.
Advanced Photonix Gets $5.9M Telecom 100G CommitmentPicometrix LLC, a subsidiary of Advanced Photonix Inc. (NYSE MKT: API), announced Friday that it has secured a $5.9 million commitment for 2013 for its industry leading 100 gigabit per second (Gb/s or G) and 40G high-speed optical receivers from a leading telecommunications network equipment customer.