Adept Technology (ADEP) Misses Q4 EPS by 3c

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Go back to Adept Technology (ADEP) Misses Q4 EPS by 3c

Adept Technology Reports Fiscal Year 2015 Fourth Quarter and Full Year Results

August 31, 2015 4:01 PM EDT

PLEASANTON, Calif., Aug. 31, 2015 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq: ADEP), a leading provider of intelligent robots, autonomous mobile solutions and services, today announced its fiscal 2015 fourth quarter and full year financial results.

Fiscal 2015 Fourth Quarter Highlights

Released the Hornet 565, a new high-speed, competitively priced packaging robot. Signed two new distributors in Southeast Asia for mobile products: Techmetics Solutions and Shanghai Micro Electronics Equipment Co., Ltd. Added 2 new distributors in North America. Raised $8 million in registered direct offering.

"Fourth quarter... More