2013-08-16

Carmanah Suffers Significant Net Loss in Q2 of 2013

Carmanah Technologies Corporation reported its second quarter financial results for the period ended June 30, 2013 on August 13.   In accordance with the second quarter of 2013, the Company recorded a net loss of $2.5 million on revenues of $6.3 million. The significant net loss is primarily due to a $1.0 million one-time non-cash impairment of certain assets. Revenues for the second quarter of 2013 were $6.3 million, up $0.2 million from $6.1 million in the second quarter of 2012. Gross margin percentages for second quarter of 2013 were 24.4%, down from 29.1% for second qu...
Continue reading

Following the successful launch of the NIGHT BREAKER LED SMART ECE H11 for headlights, ams OSRAM (SIX: AMS) is continuing its series of innovative LED retrofit solutions. In addition to the new NIGHT BREAKER LED C5W ECE, the first ECE R37-appr... READ MORE

Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE