Rofin-Sinar Profits Fall On Flat SalesThe industrial laser maker Rofin-Sinar Technologies Inc. (Nasdaq: RSTI), based in Plymouth and in Hamburg, Germany, Thursday reported net income of $9.8 million for its fourth fiscal quarter ended Sept. 30, down 3 percent from $10.1 million in the same quarter a year earlier.
ITC Holdings Revenue, Earnings Rise; Earnings Guidance NarrowedThe Novi power grid owner ITC Holdings Corp. (NYSE: ITC) Thursday reported net income of $59 million or $1.12 a share in the third quarter ended Sept. 30, up from $51.2 million or 98 cents a share in the third quarter of 2012.
Perrigo Profits, Sales RiseThe generic pharmaceutical and store-brand helath products maker Perrigo Co. (NYSE: PRGO) Thursday reported net income of $111.4 million or $1.18 a share in the first fiscal quarter ended Sept. 28, up from $105.6 million or $1.12 a share in the first fiscal quarter a year earlier. Revenue was $933.4 million, up from $769.8 million a year earlier.
TRW Profits Jump, Boosts Share RepurchaseThe Livonia automotive technology provider TRW Automotive Holdings Corp. (NYSE: TRW) reported net income of $197 million in the third fiscal quarter ended Sept. 27, up from $163 million last year. Earnings per share were $1.60, up from $1.28. Revenue was $4.21 billion, up from $397 billion.
Adtegrity.com Reports Higher Third Quarter EarningsAdtegrity.com, a Grand Rapids-based company specializing in Internet advertising networks and services, today reported net income of $419,215 in the third quarter ended Sept. 30, up from $198,692 in the third quarter of 2012.
DTE Energy Says Weather Caused Profit SlumpDTE Energy (NYSE:DTE) Friday reported earnings for the nine months ended Sept. 30 of $537 million, or $3.07 a share, up from $529 million, or $3.08 a share, in 2012. (The earnings per share fell a penny despite higher earnings because of more shares outstanding in 2013.)
Compuware Profit Jumps 40% on 3.4% Revenue IncreaseThe Detroit software and IT services company Compuware Corp. (Nasdaq: CPWR) Thursday reported net income of $16.3 million or 7 cents a share in the second quarter of its fiscal year, which ended Sept. 30.
Covisint Loss Shrinks On Revenue Jump In its first financial report as a publicly traded company, Covisint Corp. (Nasdaq: COVS), the Detroit-based provider of secure communication and collaboration technology, reported a loss of $2.4 million or 8 cents a share in the second fiscal quarter ended Sept. 30. That's an improvement from a $4.6 million loss, 17 cents a share, in the prior fiscal year.
Amplifinity Doubles Total Revenue, Triples Recurring Revenue, Expands TeamThe social media marketing agency Amplifinity Tuesday announced it had doubled revenue, tripled recurring revenue and boosted employment by 25 percent in the past year.
iTeknik Posts Profit For Third Straight YearThe telecom services provider iTeknik Holding Corp. (OTC Pink Sheets: ITKH) Monday announced net income of $111,847 on revenue of $11.4 million for the fiscal year ended June 30.
Neogen Revenue, Net Income Rise AgainNeogen Corp. (Nasdaq: NEOG) Tuesday reported net income of $7.8 million or 32 cents a share in its first fiscal quarter, which ended Aug. 31, up 16 percent from $6.7 million or 28 cents a share, in the same quarter a year earlier. Revenue was $58.5 million, up 18 percent from $49.7 million in the same quarter a year earlier.
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.
InfuSystem Holdings, Inc. Reports Profit in Second Quarter 2013InfuSystem Holdings Inc., a national provider of infusion pumps and related services for the healthcare industry, reported net income of $105,000 or less than a penny a share in the second quarter, an improvement from a loss of $828,000 or 4 cents a share in the same quarter a year earlier.
Detrex Corp. Continuing Operations Profit RisesDetrex Corp. (Pink Sheets: DTRX) Friday reported second quarter net income from continuing operations of $914,499 or 53 cents a share, up from net income from continuing operations of $584,696 or 34 cents a share a year earlier.
Visteon Earnings Fall On One-Time Event; Company Raises Full-Year GuidanceVisteon Corp. Thursday announced net income of $65 million or $1.29 a share in the second quarter ended June 30, down from $75 million or $1.40 a share a year earlier.