17 Jun 2002
Fueled in part by recent acquisitions, net sales of Zygo Corp. (Middlefield, CT) for first-quarter 1997 (ended Sept. 30) reached $18.44 million, up 56% from the $11.83 million reported for the same period one year ago. Excluding nonrecurring, acquisition-related charges, net income for the quarter totaled $3.14 million, up 227% from first-quarter 1996; the nonrecurring charges relate to approximately $1 million of expenses incurred in the acquisitions of NexStar Automation Inc. (Longmont, CO) and Technical Instruments Co. (Sunnyvale, CA) during the quarter.
Courtesy of Laser Focus World
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