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

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

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_40google+ icon 40px