Edmund Optics reports 13 consecutive quarters of growth

Aug. 22, 2006
AUGUST 22--In its recent annual report to shareholders, Edmund Optics (Barrington, NJ, USA; www.edmundoptics.com) reported 13 consecutive quarters of year-on-year sales growth.

AUGUST 22--In its recent annual report to shareholders, Edmund Optics (Barrington, NJ, USA; www.edmundoptics.com) reported 13 consecutive quarters of year-on-year sales growth. The latest quarter marked a 10.6% increase in consolidated revenue in 2005 and a 5% improvement in profitability.

Edmund reported a 113.9% increase in research and development expenses, with significant advances in LED illumination technology, large-format imaging lenses, and precision reflective microscope objectives. The company also stated significant investments in its global manufacturing equipment, with specific emphasis on aspheric generation and polishing to supply both standard and custom aspheres for a variety of markets including the US military.

Edmund's new Shenzhen, China, manufacturing and design center will play a greater role in 2006, as the company continues to expand its own line of optomechanical assemblies and illumination devices.

Voice Your Opinion

To join the conversation, and become an exclusive member of Vision Systems Design, create an account today!