Lasers ♦ news digest
Revenues were $120.3 million for the second quarter of fiscal 2011 and GAAP gross margin was 30%.
GAAP operating income was $1.6 million and adjusted EBITDA was $10.1 million.
GAAP net loss for the second quarter of fiscal 2011 was $0.2 million, compared to GAAP net income of $0.4 million in the first quarter of fiscal 2011. Cash, cash equivalents and restricted cash were $78.1 million as of January 1, 2011.
Within the quarter Oclaro conducted a well- attended analyst day at the NASDAQ MarketSite emphasising the depth of its technology, the strength of its customer relationships and the positioning of its product portfolio for continuing growth through calendar 2011 and beyond.
“We are entering a new phase following the integration of our past acquisitions. After successfully maintaining design momentum we are now focused on ramping new products across many of our key markets,” said Alain Couder. “Consistent with those priorities, we have enhanced our organizational structure to simplify our customer interface and to strengthen our execution.”
Oclaro has consolidated its divisions into two primary business units, led by two experienced optical industry executives. Jim Haynes, formerly COO, has been appointed President and General Manager of the new Photonic Components business unit. Terry Unter, formerly Executive VP of the Transmission Systems Solutions division, has been named President and General Manager of the new Optical Networks Solutions business unit.
In addition, Oclaro has added two senior executives to the management team. Gray Williams joins Oclaro as Executive VP, Supply Chain Operations and Quality and Bob Quinn joins Oclaro as Chief Information Officer.
For the third quarter of fiscal 2011 which ends April 2, Oclaro expects revenues in the range of $123 million to $131 million, non-GAAP gross margin in the range of 27% to 31% and adjusted EBITDA in the range of $6 million to $11 million.
Soraa Unveils 4 Watt Blue Laser Diodes
The compact laser diodes will be used in bulb- free projection displays for use in boardroom presentations, in education, home theatres, and in cinemas.
Soraa, a manufacturer of green and blue laser diodes (LDs), has unveiled a high power 4 watt blue laser diode.
Operating at 450 nm, the company says this is the highest power blue laser reported to date from a monolithic chip.
These devices are designed to enable >500 lumen, bulb-free projection displays with dramatically reduced size, weight, and power consumption compared to conventional bulb-based projectors used in venues such as boardrooms, education, home theatre, and cinema. The company presented its latest results at the Photonics West conference in San Francisco, California on January 26, 2011.
Soraa also presented results of 750 mW single mode blue laser diodes, which the company claims is the highest single mode power reported to date. These laser diodes operate with single spatial mode and multi spectral mode and are designed for smaller format display applications such as micro projectors and pico projectors.
The devices can be directly modulated at high speeds required for high resolution displays with minimal speckle. Soraa’s LDs are designed to be compatible with all available display generating technologies including LCOS, scanning MEMS mirrors, DLP, and other diffractive approaches. These blue LD devices complement Soraa’s previously announced green LD which it unveiled on 5 January, 2011.
Soraa’s LDs are based on InGaN semiconductor technology and are fabricated on innovative non-polar and semi-polar GaN substrates. Soraa’s direct diode green and blue lasers offer improvements in performance, size, weight, and cost over conventional gas or solid state lasers for consumer projection displays, defence pointers and illuminators, biomedical instrumentation and therapeutics, and industrial imaging applications.
January / February 2011
www.compoundsemiconductor.net 105
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