Ceramic Industry News

Ceradyne Reports Second Quarter and First Half 2002 Results

August 16, 2002
/ Print / Reprints /
ShareMore
/ Text Size+
Ceradyne, Inc. recently reported financial results for the second quarter and six months ended June 30, 2002, including record second quarter sales, the third consecutive quarter of record-level sales, and improving gross margins compared to first quarter. Sales for the quarter rose 31% to a second quarter record of $14.6 million from $11.1 million in the second quarter of 2001. As previously announced, the company established a $650,000 (pre-tax), warranty reserve charge in the second quarter to cover potential costs of upgrading certain lots of small arms protective inserts (SAPI) military armor shipped early in the first quarter of 2002. Sales for six months 2002 reached a record $29.3 million, up 27% from $23.1 million in the comparable period last year.

Additional information about the company can be found at http://www.ceradyne.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40