| Business Summary | | X-Rite,
Incorporated's
business
is
largely
an
outgrowth
of
its
x-ray
marking
and
identification
system
introduced
in
1961.
The
Company's
silver
recovery
equipment
and
its
first
quality
control
instruments
were
developed
to
meet
the
needs
of
film
processors,
a
customer
class
known
to
the
Company
from
its
sales
of
radio-opaque
x-ray
marking
tape.
X-Rite
has
grown
through
internal
expansion
and
through
acquisitions.
The
Company's
major
products
include
densitometers,
sensitometers,
colorimeters,
spectrophotometers
and
accessories,
point-of-purchase
paint
matching
systems,
integrating
spheres
and
integrating
sphere
systems,
and
reflectance
materials
and
coatings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | X-Rite,
Incorporated
develops,
manufactures
and
sells
quality
control
instruments
and
accessories
which
measure
color
and
appearance,
optical
density,
photographic
density
and
various
types
of
light
sources.
For
the
six
months
ended
6/01,
revenues
fell
5%
to
$49.8
million.
Net
income
fell
42%
to
$4.2
million.
Revenues
reflect
softness
in
North
American
sales
due
to
weakened
economic
conditions.
Earnings
also
reflect
increased
acquisition
and
product
development
costs. | More
from
Market Guide: Significant
Developments |
| | | Ted
Thompson,
Chmn. Michael
Ferrara,
Pres./COO Richard
E. Cook,
CEO Bernard
J. Berg,
Sr. VP Jeffrey
L. Smolinski,
VP Joan
M. Andrew,
VP Duane
F. Kluting,
VP/CFO. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|