Inrad Optics, Inc. Reports First Quarter 2014 Financial Results
NORTHVALE, NJ—Inrad Optics, Inc. has reported its consolidated financial results for the first quarter of 2014.
Revenue for the three months ending on March 31, 2014 was $1.9 million, down 38.1 percent from $3.8 million in the first quarter last year, as the Company experienced a decrease in shipments in the defense and university & national labs markets. Increased shipments in laser systems and process control & metrology markets partially offset the overall decline.