StockerYale, Inc. (STKR) Expecting Record First Quarter Net Sales and Orders
StockerYale, Inc. (NASDAQ: STKR), today announced preliminary results for its first quarter ending March 31, 2008. The company expects first quarter net sales to be between $8.1 million and $8.2 million. This is higher than previous expectations of $7.6 million to $8 million. StockerYale also received a record $9 million in new order bookings from its net sales of Photonic Products. "Our better-than-expected performance was driven by strength in our laser module businesses and operational improvements initiated in prior quarters," stated Mark W. Blodgett, Chairman and Chief Executive Officer. "We are pleased with the growth and momentum we are seeing…