Addition of new medical division produces sharp increase in sales figures as the company realigns its business segments around lasers and precision technologies.
Market analyst Infonetics reports on multi-gigabit system sales in 2013 and 2014.
Stock loses a quarter of its value as the company agrees to sell off assets ‘expeditiously’ under a new credit agreement.
But German laser firm is on course to begin making its own high-power laser diodes by the end of this year.
Analyst cuts stock target as earnings and sales both miss consensus estimates by some distance.
Stock slips on slightly weaker-than-expected financial results, but CEO Valentin Gapontsev remains typically bullish.
UK-based producer of flexible, dye-sensitized photovoltaic films to focus on process improvements.
Andrew Teich, currently president of the imaging company’s commercial systems division, to take over as CEO on May 19.
Industry survey pegs European photonics market at close to €66 billion in 2012.
First volume order for kilowatt-scale fiber lasers helps to offset weak scientific market.
The maker of high-performance LED chips, bulbs and lighting fixtures begins national marketing promotion.
APAC sales to grow 23% per year – but revenues stay flat as unit price falls.