ProPhotonix Limited (fka STKR)

[Joe1984]

From their 1st qtr financial results:

Outlook

"During the first quarter, the Company continued to experience a substantial increase in order bookings across all product lines" stated Mark W. Blodgett, Chairman and CEO. "First quarter orders increased 106% over the prior year and increased 22% sequentially over the fourth quarter of 2009. Backlog was $7.2 million, an increase of 92% over the prior period and 21% sequentially. Based on current backlog and continued improvement in order bookings, management expects 2010 revenues to increase 40 to 50% to approximately $15 million versus 2009 revenue of $10.4 million. Despite the challenging environment in 2009, our two operation units, StockerYale (IRE) Ltd and Photonic Products Ltd, were EBITDA positive. For the first quarter 2010, the combined operating unit EBITDA -- excluding the onetime charge -- was $290,000 continuing the trend of improved performance from the operations. With higher sales volumes and improved overhead absorption we expect continued improvement in both gross margins and EBITDA performance over the course of the year," added Blodgett.

http://finance.yahoo.com/news/StockerYale-Reports-2010-pz-363524982.html?x=0&.v=1