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Article: Advanced Photonix opens clean room, cuts 4Q losses.(News)(Financial report)
- Article from:
- Crain's Detroit Business
- Article date:
- July 16, 2007
- Author:
CopyrightCOPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Tom Henderson
It's been an eventful summer for Ann Arbor-based Advanced Photonix Inc. (Amex: API).
On June 7, the company opened its new, $2.3 million, 5,000-square-foot clean-room fabrication facility. The next day, the space shuttle Atlantis successfully launched into orbit for its rendezvous with the International Space Station. And on June 30, Advanced Photonix announced it had sharply cut losses for both the fourth quarter of its fiscal year that ended March 31 and for the full fiscal year.
Losses for the quarter were cut to about $1.3 million, down from more than $2.5 million for the same period last year.
For the year, ...
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Article: ADVANCED PHOTONIX REPORTS DISPOSITION BY 10 PERCENT ...
US Fed News Service, Including US State News;
August 12, 2009 ;
325 words
...WASHINGTON, Aug. 12 -- Advanced Photonix Inc. (API), Ann Arbor, Mich., has filed a Form 4 with the Securities and Exchange Commission noting the change in the beneficial interest held by ...
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