Rubicon Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 11:09 am
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Rubicon Technology, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 848,000 compared to USD 1.089 million a year ago. Net loss was USD 119,000 compared to net income of USD 1.711 million a year ago. For the half year, sales was USD 1.343 million compared to USD 2.117 million a year ago. Net loss was USD 926,000 compared to USD 498,000 a year ago. Basic loss per share from continuing operations was USD 0.29 compared to USD 0.12 a year ago.
Rubicon Technology, Inc. is an advanced materials provider specializing in monocrystalline sapphire for applications in optical and industrial systems. It provides optical and industrial sapphire products and materials in a variety of shapes and sizes. Its optical sapphire products are used in equipment for a variety of end markets and high-performance applications, including defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical and laser applications. Sapphire is utilized in optical and industrial applications. Its principal customers include defense subcontractors, industrial manufacturers, fabricators and resellers. It manages its operations and ships from its own facility located in Bensenville, Illinois. It sells its products on a global basis to customers in North America, Europe and Asia. It markets and sells through its direct sales force to customers.
RUBICON TECHNOLOGY, INC. 
