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ACS Motion Control Ltd, 2007, Fourth Quarter and Year End Results.

Publication: PR Newswire
Publication Date: 03-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MIGDAL HA'EMEK, Israel, April 3 /PRNewswire-FirstCall/ -- ACS Motion Control Ltd., , a developer and manufacturer of advanced motion control products, today reports 2007 fourth quarter and year end results.

Revenues for fiscal year 2007 were $8,868,000, compared to $13,503,000 revenues reported in 2006. Revenues for the fourth quarter of 2007 were $2,236,000, compared to $2,947,000 revenues reported in the fourth quarter of 2006.

Net loss in 2007 was $(685,000), or $(0.21) per share, compared to $1,537,000 net income, or $0.48 per share in 2006. Net loss for the fourth quarter...

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