Lumenera, a manufacturer and developer of high performance digital cameras and custom imaging solutions for scientific, industrial, and surveillance markets, announced yet another record year of increased earnings and revenues for its fiscal fourth quarter and year ended Dec 31, 2008.
The company is pleased to report that revenues for the year rose by 24 percent over fiscal 2007, while earnings grew in excess of 100 percent. Lumenera is reporting near record quarter-over-quarter sales growth of 53 percent. Recently developed products and a continued focus on customer satisfaction attributed to Lumenera's success.
"I am extremely pleased that we have delivered strong fiscal year-end results for a sixth consecutive year.” said Huw Leahy, President, Lumenera. “We are poised for another year of profitability and positive cash flow, starting off the year with a substantial amount of revenue and projects booked for 2009. We look forward to the new year ahead.”