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Advanced Photonix Fiscal Year Loss Grows On Sales Slump

2013-07-02 03:18:22| Semiconductors - Topix.net

Advanced Photonix Inc. , the Ann Arbor manufacturer of optical and electronic data transmission equipment and terahertz instrumentation, Monday reported a larger loss on a sales slump for the fiscal year ended March 31. For the year, revenue was $23.7 million, down 20 percent from $30 million the prior year.

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