Rofin-Sinar Technologies (RSTI) Tops Q3 EPS by 3c
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ROFIN-SINAR Reports Results For The Third Quarter Of Fiscal Year 2016
August 9, 2016 8:00 AM EDTPLYMOUTH, Mich. and HAMBURG, Germany, Aug. 9, 2016 /PRNewswire/ --Â
Quarterly net sales of $125.9 million Gross profit margin of 39% and earnings per share of $0.40, for the quarter Non-recurring costs, primarily related to proposed merger with Coherent, affected EPS by $(0.05) Continued progress with cost reduction and streamlining process First 2.5 kW fiber laser module shipped ROFIN stockholders approve acquisition by Coherent of all outstanding shares of Rofin stock, for $32.50 per share; holders of more than 95% of the shares present at the Special Meeting voted in favor of the acquisition by Coherent... More