Last $0.14 USD
Change Today 0.00 / 0.00%
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INRD On Other Exchanges
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OTC US
As of 8:10 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

inrad optics inc (INRD) Snapshot

Open
$0.14
Previous Close
$0.14
Day High
$0.14
Day Low
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52 Week High
03/20/14 - $0.35
52 Week Low
06/5/14 - $0.10
Market Cap
1.7M
Average Volume 10 Days
6.7K
EPS TTM
$-0.19
Shares Outstanding
12.3M
EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for INRAD OPTICS INC (INRD)

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inrad optics inc (INRD) Details

Inrad Optics, Inc., together with its subsidiaries, is engaged in the development, manufacture, and marketing of crystal-based optical components and devices, custom optical components, precision optical and opto-mechanical assemblies for use in the photonics industry sectors. The company offers products in two categories, including optical components, and laser system devices and instrumentation. Its optical components category covers optical components and optical coatings, as well as subassemblies for the military, aerospace, industrial and medical marketplace; and planar, prismatic, and spherical components consisting of mirrors, lenses, prisms, wave plates, polarizing optics, monochromators, x-ray mirrors, and cavity optics for lasers; and UV filter optical components for use in critical applications in defense systems, such as missile warning sensors. The company’s laser system devices and instrumentation category covers electro-optic and nonlinear crystal devices for altering the intensity, polarization, or wavelength of a laser beam, as well as other crystal components for use in laser research and commercial laser systems; pockels cells and associated electronics. Its customers include corporations in defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, national laboratories, and universities worldwide. Inrad Optics, Inc. markets its products through sales, marketing, and customer service teams in the United States, as well as through independent sales agents primarily in Canada, the United Kingdom, the European Union, Israel, and Japan. The company was formerly known as Photonic Products Group, Inc. and changed its name to Inrad Optics, Inc. in 2012. Inrad Optics, Inc. was founded in 1973 and is headquartered in Northvale, New Jersey.

71 Employees
Last Reported Date: 03/31/14
Founded in 1973

inrad optics inc (INRD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $180.0K
Chief Financial Officer, Chief Accountig Offi...
Total Annual Compensation: $149.7K
Vice President of Operations
Total Annual Compensation: $139.4K
Vice President of Sales and Marketing
Total Annual Compensation: $136.5K
Compensation as of Fiscal Year 2013.

inrad optics inc (INRD) Key Developments

Inrad Optics, Inc. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2014

Inrad Optics, Inc. announced unaudited consolidated earnings results for second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue of $2,227,546, loss from operations of $985,986, net loss before income taxes of $1,031,294, net loss of $1,031,294 or $0.08 per basic and diluted share, compared to the total revenue of $2,694,598, loss from operations of $601,932, net loss before income taxes of $647,764, net loss of $647,764 or $0.05 per basic and diluted share, for the same quarter a year ago. For the six months period, the company reported total revenue of $4,131,926, loss from operations of $1,881,054, net loss before income taxes of $1,906,163, net loss of $1,906,163 or $0.16 per basic and diluted share, net cash used in operating activities of $1,120,914, capital expenditures of $362,848 compared to the total revenue of $5,771,724, loss from operations of $756,642, net loss before income taxes of $817,118, net loss of $817,118 or $0.07 per basic and diluted share, net cash used in operating activities of $133,660, capital expenditures of $447,039 for the same period a year ago.

Inrad Optics, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Inrad Optics, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total revenue of $1,904,380 against $3,077,126 a year ago. Loss from operations was $895,068 against $154,710 a year ago. Loss before income taxes was $874,869 against $169,354 a year ago. Net loss was $874,869 or $0.07 per basic and diluted share against $169,354 or $0.01 per basic and diluted share a year ago. Net cash used in operating activities was $322,590 against $204,024 a year ago. Capital expenditures were $172,457 against $40,258 a year ago.

Inrad Optics, Inc., Annual General Meeting, Jun 18, 2014

Inrad Optics, Inc., Annual General Meeting, Jun 18, 2014., at 10:00 Eastern Daylight. Location: the offices of the company. Agenda: To elect two directors, named herein, to hold office for a term of three years; to ratify the appointment of Baker Tilly Virchow Krause, LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2014; to approve, as a non-binding advisory vote, named executive officer compensation; and to transact such other business as may properly come before the meeting or any adjournment thereof.

 

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