Adept Technology (ADEP) Tops Q1 EPS by 4c

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Adept Technology Reports Fiscal Year 2015 First Quarter Results

November 4, 2014 4:01 PM EST

6% Increase in Revenues; $0.01 Diluted Earnings Per Share; Adjusted EBITDA Grew 35%

PLEASANTON, Calif., Nov. 4, 2014 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq: ADEP), a leading provider of intelligent robots, autonomous mobile solutions and services, today announced its fiscal 2015 first quarter financial results.

Fiscal 2015 First Quarter Highlights

Revenue of $14.4 million increased 6% compared with the 2014 first quarter. Operating income was $0.1 million compared with an operating loss of $0.2 million in 2014.... More