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.