GSI Group (GSIG) Tops Q3 EPS by 4c

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GSI Group Announces Financial Results for the Third Quarter of 2015

November 4, 2015 4:01 PM EST

- Third Quarter 2015 Adjusted Revenue of $92.3 million, 4% year-over-year growth

- Third Quarter 2015 Adjusted EBITDA of $16.1 million, 5% year-over-year growth

- Third Quarter 2015 GAAP Diluted Earnings per Share ("EPS") of $0.19

- Third Quarter 2015 Adjusted Earnings per Share ("Adjusted EPS") of $0.24

- Third Quarter 2015 Net Debt of $29 million

BEDFORD, Mass., Nov. 4, 2015 /PRNewswire/ -- GSI Group Inc. (NASDAQ: GSIG) (the "Company", "we", "our", "GSI"), a global leader and supplier of laser, precision motion, and vision technologies to original equipment manufacturers in the medical and advanced industrial markets,... More

GSI Group to Acquire Lincoln Laser Company for $11 Million in Cash

November 4, 2015 11:00 AM EST

- Acquires leading provider of laser beam delivery technologies, including ultrafast precision polygon motors and laser scanning solutions, to OEM equipment suppliers

BEDFORD, Mass., Nov. 4, 2015 /PRNewswire/ -- GSI Group Inc. (NASDAQ: GSIG) (the "Company", "we", "our", or "GSI"), a global leader and supplier of laser, precision motion, and vision technologies to original equipment manufacturers in the medical and advanced industrial markets, today announced that it has reached an agreement to acquire the assets of Lincoln Laser Company, a Phoenix, Arizona-based provider of ultrafast precision polygon scanners and other... More