Government spending slowdown and US political gridlock prompt the photonics firm to streamline its operations.
Record bookings largely due to $10 million deal to fit Apache helicopters with night-vision cameras.
Partnership will promote laser dentistry and facilitate training in the field.
Fiber laser firm stands to benefit from growing adoption of high-strength steel and aluminum in auto manufacturing.
But the infrared imaging company increased earnings despite sharp year-over-year contraction in sales.
Laser giant ends June quarter with a record backlog, and will formally release its kilowatt fiber laser by the end of September.
Backlog at Electro Scientific Industries swells to a six-year high on new design wins, prompting 20% stock bounce.
Market forecast from Electronicast predicts global 28% annual growth; APAC shows sharpest growth but Americas’ sales share shrinks.
“Competition, price pressure, challenging market”, cited as reasons for Las Vegas closure. Does HCPV still have good prospects?
Oclaro claims it is now “number two” global provider of optical components, modules and subsystems.
CVI Melles Griot parent company has slashed costs at the photonics subsidiary as it seeks to boost productivity and profit margins.
Returning market for LED manufacturing equipment and strong demand for laser processing systems cheers investors.
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