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Isomet Corp (PK:IOMT)

Business Focus: Communications & Networking

Sector:  Technology Industry:  Communications & Networking
 
Company Contact
Address: 10342 Battleview Pkwy
MANASSAS VA 20109-2338
Tel: N/A
Website: https://isomet.com
IR: See website
Key People
Robert G. Bonner
Vice President, Components Manufacturing
Frank V. Hamby
Vice President, Systems Manufacturing
Delmar R. Rader
Vice President, Product Engineering
Henry H Zenzie
Vice President
Everett E. Taylor
Vice President of Sales and Marketing
Henry Zenzie
President and Director
Jerry W. Rayburn
Executive Vice President of Finance, Treasurer, Secretary and Director
   
Business Overview
Isomet Corporation produces and sells laser equipment, systems and laser accessory components for laser-based applications. The Company is engaged in the design, development and manufacture of acousto-optic devices, radio frequency (RF) electronics and optical subsystems. Its product categories include acousto-optics (AO), electronics, and optical materials. It manufactures AO devices, including AO navigation, modulators, frequency shifters, deflectors, tunable filters (TF), Q-switches, special function devices, fiber-coupled, and standard anti-reflection coatings. It manufactures a range of frequency sources, RF drivers, power amplifiers, and control electronics. These range from simple fixed-frequency acousto-optic modulator drivers to complex microcontroller-based high-speed digital synthesizers. Its products include modulators drivers, deflector drivers, Q-switch drivers, AOTF drivers, frequency sources/amplifiers, custom electronics, and accessories.
Financial Overview
For the nine months ended 30 September 2002, Isomet Corp revenues decreased 30% to $2.8M. Net loss increased 9% to $476K. Revenues reflect Components segment decrease of 8% to $770K, Systems segment decrease of 98% to $1K. Higher net loss reflects Interest Expense increase of 96% to $102K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.22 to -$0.24.