ANN ARBOR, Mich., Nov 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ — Advanced Photonix, Inc.(R) (NYSE: API) (the “Company”) today 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
Continue reading: Advanced Photonix, Inc. Reports Record Second Quarter 2009
ANN ARBOR, Mich., Sept 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ — Advanced Photonix, Inc. (Amex: API) today announced that it has established a new credit facility with The PrivateBank and Trust Company, headquartered in Chicago, IL. As part of this new banking relationship, the Company has repaid the short term note and line of credit previously held by Fifth Third Bankcorp Trust. The new credit facility is comprised of a four year term note
Continue reading: Advanced Photonix, Inc. Announces New Banking Relationship and an Increase in Credit Facility
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