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Advanced Photonix, Inc.
Advanced Photonix, Inc. Reports Second Quarter Fiscal 2009 Results
November 28th, 2008
Advanced Photonix, Inc.(R) (NYSE:API) (the "Company") reported its second quarter fiscal 2009 results ending September 26, 2008. Financial Highlights for the Second Quarter Ended September 26, 2008 -- Net sales for the quarter were $8.2 million, an increase of $1.7 million, or 25%, compared to revenues for the quarter ended September 28, 2007. The increase was driven by military and Industrial/NDT markets. Net sales for the year to date were $16.0 million, an increase of $3.3 million, or 26%, compared to the prior year to date period. The increase was broad based across four of its five markets off-set by a reduction in medical revenues. ...
Source: Health Business Week (2008-11-28)
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