Recoord Quarterly Revenues of $7.8 million, up 47% sequentially; EPS Improves to $.01 GAAP and $.04 Non-GAAP per diluted share

ANN ARBOR, Mich., Aug 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ — Advanced Photonix, Inc.(R) (Amex: API) (the “Company”) today reported its first quarter fiscal 2009 results ending June 27, 2008.

    Financial Highlights for the First Quarter Ended June 27, 2008

    — Net sales for the quarter were $7.8 million, an increase of $2.5 million, or 47%,

Continue reading: Advanced Photonix, Inc. Reports First Quarter Fiscal 2009 Results