Laser Systems

Excel Technology, Inc.

The Company

Excel Technology <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: XLTC)") else Response.Write("(Nasdaq: XLTC)") end if %> is a heavily diversified laser company. Excel's largest market is industrial marking (etching part and serial numbers on products in assembly lines), with nearly half of its total revenues derived from its beam-steered laser marking systems (40% domestic market share). The company is also involved in semiconductor photomask repairing and is the only manufacturer outside of Japan. At the beginning of the year, the company shipped its first system capable of repairing masks with 0.25 - 0.35 micron geometries.

Latest Financials

Revenues for the first quarter ended March 31, 1997 were $16.3 million, an increase of 17% from the $13.9 million for the same period in 1996. Pre-tax earnings for the quarter rose to $2.58 million and after-tax net profits to $1.62 million, which increased 61% and 54% from $1.6 million and $1.05 million, respectively, for the first quarter of last year. Net earnings per share on a fully diluted basis were $0.16 per share, up 45% from $0.11 for the same period in 1996.

© Copyright 1995-2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. The Motley Fool is a registered trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us
..

..

..

..

..

....

...

...

...

...