Rofin-Sinar Technologies (RSTI) Tops Q4 EPS by 2c; Issues FY16 Outlook

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ROFIN-SINAR Reports Strong Results For The Fiscal Year And Fourth Quarter Of 2015

November 12, 2015 8:05 AM EST

PLYMOUTH, Mich. and HAMBURG, Germany, Nov. 12, 2015 /PRNewswire/ --

Full-year net income was up 64% to $41.3 million from $25.2 million Gross margin for the quarter increased to 40%, meeting the target set for fiscal year-end Fourth quarter revenues were $142 million, surpassing the high end of the guidance range Quarterly earnings per share increased 21% year-over-year to $0.52 from $0.43 Quarterly high-power fiber laser unit sales increased by almost 80% year-over-year Board authorized share buyback program of $50 million

ROFIN-SINAR Technologies Inc. (NASDAQ: RSTI), one... More