| Business Summary | | Precision
Optics
Corporation,
Inc.
designs,
develops,
manufactures
and
sells
specialized
optical
systems
and
components
and
optical
thin
film
coatings.
The
Company
conducts
business
in
one
industry
segment
only.
The
Company's
products
and
services
fall
into
the
following
areas:
medical
products
for
use
by
hospitals
and
physicians,
optical
thin
films
used
in
telecommunications
and
other
applications
and
advanced
optical
system
design
and
development
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Precision
Optics
Corp.
designs,
develops,
manufactures
and
sells
specialized
optical
systems
and
components
and
optical
thin
film
coatings.
For
the
nine
months
ended
3/31/01,
revenues
increased
34%
to
$2.8
million.
Net
loss
rose
32%
to
$2.4
million.
Revenues
reflect
increased
sales
of
DWDM
filters
and
medical
products.
Net
loss
reflects
higher
fixed
manufacturing
costs
and
increased
R&D
expenses
due
to
the
development
of
DWDM
filter
project. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,447;
after
tax
earnings
were
-1,339. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Richard Forkey, 60 Pres,
Treasurer, Director and CEO | $191K | -- | Jack Dreimiller, 52 Sr.
VP, Fin., CFO and Clerk | 146K | $696K | James Rancourt, 59 Sr.
VP, Optical Thin Films Technology | -- | -- | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|