StockerYale (STKR) Announces Third Quarter 2007 Financial Results
StockerYale, Inc. (STKR), a leading designer and manufacturer of structured light lasers, LED modules and specialty optical fibers for industry leading OEMs, has announced the company's financial results for the third quarter that have concluded on September 30, 2007. During this fiscal period, financials include the recent company acquisition dated October 31, 2006, where STKR acquired Photonic Products Ltd. Third Quarter 2007 Financial and Business Highlights • Revenues increased to a record $7.9 million, an increase of 75% from the third quarter revenue in 2006. • Gross profit that was record totaled $2.7 million, an increase of 70% year-over-year and…