Last $7.62 USD
Change Today +0.06 / 0.79%
Volume 135.4K
As of 8:10 PM 09/12/14 All times are local (Market data is delayed by at least 15 minutes).

adept technology inc (ADEP) Snapshot

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03/21/14 - $21.90
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09/16/13 - $5.70
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adept technology inc (ADEP) Details

Adept Technology, Inc. designs, manufactures, and sells industrial and mobile robots for the semiconductor, packaging, electronics, automotive/industrial, logistics/warehouse, food, and flexible manufacturing markets worldwide. It operates in two segments, Robotics and Services and Support. The company offers Adept SmartController, a robot motion controller; Adept SmartVision, a vision processor; Adept ACE (automation control environment), a PC-based software for configuring, calibrating, and managing equipment in a workcell; ACE PackXpert to deploy automation solutions; AdeptSight for vision guidance and inspection applications; and Adept ePLC Connect Server software that offers connectivity with the customer supplied programmable logic controller. It also provides fixed robots, such as parallel robots, 6-axis robots, selective compliance assembly robot arm (SCARA) robots, and linear modules, as well as mobile robots comprising Adept Lynx, an indoor vehicle with a configurable payload for the transport and handling of goods; Adept Lynx Courier, a mobile transporter; Adept Lynx Transporter-Semi, an indoor vehicle for moving wafer pods; Adept Lynx Handler-Semi for producing a mobile robot; Adept Lynx Conveyor, a Lynx autonomous indoor vehicle; and Adept Enterprise Manager, a management system that uses a systems-network approach for the coordination of autonomous indoor vehicles. In addition, the company offers Adept AnyFeeder, an Adept robot and integrated vision guidance system; and Adept FlexiBowl, a feed solution for use with the Adept robot and vision system. Further, it provides on-site field service, training courses, applications support, field upgrades, and factory repair and remanufactured products. The company markets and sells its products through systems integrators, distributors, and original equipment manufacturers, as well as through direct sales force. Adept Technology, Inc. was founded in 1983 and is headquartered in Pleasanton, California.

152 Employees
Last Reported Date: 08/25/14
Founded in 1983

adept technology inc (ADEP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $85.6K
Compensation as of Fiscal Year 2013.

adept technology inc (ADEP) Key Developments

Adept Technology Opens Robotics Application and Demo Center in Ohio

Adept Technology Inc. announced that it has opened a robotics application and demonstration center in Sharonville, Ohio, a suburb of Cincinnati. The new facility allows robotics integrators and end users to work with on-site Adept application engineers to prove out manufacturing and materials handling applications using the customer's specific parts and the latest in Adept robotics technologies, including vision, software, and conveyor tracking capabilities. The Cincinnati facility joins Adept's Amherst, New Hampshire, and Pleasanton, California, locations to offer customers in the United States application feasibility services and product demonstrations.

Adept Technology Introduces New Mobile Robot Localization Technology

Adept Technology Inc. announced that it has launched 'Acuity,' a new patented, proprietary technology for its 'Lynx' intelligent, autonomous mobile robots. Acuity is a breakthrough localization feature that allows Adept Lynx mobile robots to navigate in environments where the surroundings are extremely dynamic. Acuity is available to customers as a Lynx system option for use in the most demanding settings. Standard Lynx systems can already operate in environments where the surrounding features change up 80%. Acuity uses overhead static cues to pinpoint the robot's location, allowing operation where the horizontal environment is even more dynamic. Applications range from work-in-progress (WIP) transport in busy manufacturing settings to materials handing in dynamic warehouses and operation in facilities with wide open spaces.

Adept Technology Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2014

Adept Technology Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2014. For the quarter, revenues were $14,260,000 against $13,695,000 a year ago. Operating loss was $520,000 against $477,000 a year ago. Loss before income taxes was $371,000 against $514,000 a year ago. Net loss attributable to common stockholders was $367,000 against $110,000 a year ago. Basic and diluted net loss per share attributable to common stockholders was $0.03 against $0.01 a year ago. Adjusted EBITDA was $287,000 against $246,000 a year ago. For the year, revenues were $57,540,000 against $46,816,000 a year ago. Operating loss was $520,000 against $477,000 a year ago. Income before income taxes was $10,000 against loss before income taxes $10,345,000 a year ago. Net loss attributable to common stockholders was $781,000 against $10,348,000 a year ago. Basic and diluted net loss per share attributable to common stockholders was $0.07 against $0.99 a year ago. Adjusted EBITDA was $3,122,000 against LBITDA of $5,602,000 a year ago.


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Valuation ADEP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.7x
Price/Book 4.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.6x

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