Rubicon Technology (RBCN) Misses Q2 EPS by 5c
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Rubicon Technology, Inc. Reports Second Quarter 2015 Results of Operations and Announces Resource Sharing Agreement
August 6, 2015 4:01 PM EDTBENSENVILLE, Ill.--(BUSINESS WIRE)-- Rubicon Technology, Inc. (NASDAQ: RBCN), a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its second quarter ended June 30, 2015 and announced the signing of a resource sharing agreement with another sapphire polisher aimed at more rapidly reducing polishing costs.
Second Quarter Results
The Company reported second quarter revenue of $7.1 million, lower than the prior quarter revenue of $8.9 million due to weaker sapphire demand and lower pricing in the quarter. The Company... More
