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April 30, 2008
By: DAVID SAVASTANO
Editor, Ink World Magazine
GSI Group Inc., a supplier of precision technology and semiconductor systems, announced financial results for the first quarter ended March 28, 2008. First quarter revenue was $71.7 million, compared to $86.5 million in the fourth quarter of 2007 and $74.2 million for the first quarter of 2007. Excluding restructuring charges, operating profit was $1.5 million in the first quarter versus $7.7 million in the fourth quarter and $6.1 million in the first quarter of 2007. GAAP net income for the...
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