Rofin-Sinar Technologies (RSTI) Tops Q1 EPS by 2c
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ROFIN-SINAR Reports Results For The First Quarter Of Fiscal Year 2016
February 4, 2016 8:02 AM ESTPLYMOUTH, Mich. and HAMBURG, Germany, Feb. 4, 2016 /PRNewswire/ --
Quarterly earnings per share increased to $0.23, towards the top end of the guidance range; and would have been above the guidance range at $0.25 excluding non-recurring costs Net sales of $112.5 million were within $0.5 million of the guidance range, and were negatively impacted by the timing of revenue recognition for one order Continued progress in the efficiency and consolidation program expected to lead to a $5 million reduction in operating costs in FY16 New 2.5 KW fiber laser module successfully tested; deliveries expected in... More