| Business Summary | | LightPath
Technologies
uses
its
proprietary
automated
manufacturing
processes,
including
laser
fusion
and
laser
polishing,
to
provide
optical
components
and
sub-assemblies
to
telecommunications
manufacturers.
The
impact
of
using
highly
flexible
automated
processes
is
to
significantly
increase
volume
production
with
reduced
cost
and
improved
reliability
and
performance.
The
Company
manufactures
its
family
of
high-performance,
small
and
large
beam
fiber-optic
collimators
and
GRADIUM
glass
products
at
its
headquarters
in
Albuquerque,
NM.
The
Company's
subsidiary,
Horizon
Photonics,
manufactures
its
isolator
products
using
its
proprietary
automation
technology
in
Walnut,
CA.
LightPath
also
has
an
office
in
Warren,
NJ
dedicated
to
developing
various
optical
matrix
switching
fabrics.
LightPath
products
are
used
in
telecommunications
networks
as
well
as
the
traditional
optics
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LPTH
uses
its
proprietary
automated
manufacturing
processes,
including
laser
fusion
and
laser
polishing,
to
provide
optical
components
and
sub-assemblies
to
telecommunications
manufacturers.
For
the
nine
months
ended
3/31/01,
revenues
totalled
$21.1
million,
up
from
$880
thousand.
Net
loss
applicable
to
Common
totalled
$35
million,
up
from
$6.3
million.
Results
reflect
additional
sales
due
to
acquisitions,
offset
by
the
inclusions
of
stock
compensation
and
acquired
R&D
charges. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
5,049;
after
tax
earnings
were
-25,826. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Ripp, 59 Chairman | -- | -- | Donald Lawson, 49 Pres,
CEO, Director | $241K | $1.2M | Dennis Yost COO,
Exec. VP | -- | -- | Robert Cullen, 49 Exec.
VP | -- | -- | Donna Bogue Sr.
VP, CFO, Sec., Treasurer | -- | -- | 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
|
|