News Article
Order slow down surprises Integral Vision
Integral Vision, Inc. has announced financial results for its fiscal third quarter ending September 30, 2005. Revenues for the quarter were $14,000 and the net loss for the company was $780,000 or $0.03 per share.
Integral Vision, Inc. has announced financial results for its fiscal third quarter ending September 30, 2005. Revenues for the quarter were $14,000 and the net loss for the company was $780,000 or $0.03 per share.
"We were disappointed that an expected third quarter shipment was delayed by our customer to the fourth quarter," said Charles J. Drake, Chairman and CEO of Integral Vision, Inc. "We will review our business development efforts during the scheduled conference call. We believe that a number of our existing customers may place additional orders in the fourth quarter. We believe that three of these, who are MEMS manufacturers, will significantly ramp up their automated inspection in 2006. We also believe we may receive orders from several new customers over the next three months for LCoS, OLED and LCD inspection systems."
"We were disappointed that an expected third quarter shipment was delayed by our customer to the fourth quarter," said Charles J. Drake, Chairman and CEO of Integral Vision, Inc. "We will review our business development efforts during the scheduled conference call. We believe that a number of our existing customers may place additional orders in the fourth quarter. We believe that three of these, who are MEMS manufacturers, will significantly ramp up their automated inspection in 2006. We also believe we may receive orders from several new customers over the next three months for LCoS, OLED and LCD inspection systems."