Electrical test instruments and systems company Keithley Instruments has announced results for its fourth quarter and fiscal year ended 30 September 2010.
Orders of $36.6m (£22.6m) were 44 per cent higher than those of 2009’s fourth quarter and net sales were $37.9m, an increase of 58 per cent.
Results show a net income of $9m and earnings per share of $0.55 for the fourth quarter of fiscal 2010 compared to a net loss of $4.4m and loss per share of $0.28 for the same period last year.
Full-year results for fiscal 2010 show net sales of $126.9m, increased 24 per cent from 2009.
There was a net income of $24.9m and earnings per share of $1.53 in fiscal 2010 compared to a net loss of $50.5m and loss per share of $3.23 in fiscal 2009.