Adept Technology, Inc. (ADEP) Posts Q4 Loss of 3c/Share
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Adept Technology Reports Fiscal Year 2014 Fourth Quarter and Full Year Results
August 25, 2014 4:01 PM EDT4% Increase in Fourth Quarter Revenues, 23% for Full Year 2014; $(0.03) Fully Diluted Loss Per Share for the Quarter
PLEASANTON, Calif., August 25, 2014 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq: ADEP), a leading provider of intelligent robots, autonomous mobile solutions and services, today announced its fiscal 2014 fourth quarter and full year financial results.
Fiscal 2014 Fourth Quarter Highlights
Revenue of $14.3 million increased 4% compared with the 2013 fourth quarter. Gross margin of 46.3% expanded 30 basis points over the 2013 fourth quarter. Operating loss was $0.5 million, consistent with the 2013 fourth quarter... More