February 2, 2012 | last updated June 1, 2012 12:20 pm

Zygo lifts fiscal 2Q net, sales

Middlefield technology maker Zygo Corp. posted higher fiscal second-quarter profits on an 11 percent gain in sales that generated lofty gross margins.

For three months ended Dec. 31, Zygo netted $6.8 million, or 33 cents a share fully diluted, up from $6.1 million, or 32 cents a share, netted the same period last year.

Second-quarter revenues were $40 million vs. $36.1 million a year earlier.

Zygo finished the period with an order backlog at $70 million, highest in three years, the company said Thursday.

Zygo is a world leader in designing and building very expensive and technical equipment used to precisely measure lengths on object surfaces or the distance between points in a spatial plane.

It also produces high-precision optical components.


Type your comment here:

Free E-Newsletters

Sign up now for our daily and weekly
e-newsletters! Click Here

Today's Poll
Most Popular on Facebook
Copyright 2017 New England Business Media