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Anaren reports decline in sales and profit
DeWITT — A nearly 20 percent drop in sales resulted in a more than 30 percent profit plunge in the fiscal fourth quarter at Anaren, Inc. (NASDAQ; ANEN), which reported its earnings Aug. 6 after the market close. Anaren’s net sales for the quarter ending June 30 fell 19.1 percent to $38.2 million from $47.2 million […]
New York Brace Systems bolsters doctors, patients
SYRACUSE — A new orthopedic-equipment provider in Syracuse aims to lend doctors a crutch and support patients who are learning how to strap on their knee braces. New York Brace Systems specializes in equipment ranging from splints to continuous passive-motion machines, which move joints following surgery. The equipment provider, which is located in suite 112
Hardinge Q2 profit rises 17 percent despite flat sales
ELMIRA — Hardinge, Inc. (NASDAQ: HDNG) reported today that its net income rose to $3.6 million, or 31 cents a share, in the second quarter
Rome Research lands $6.8M Navy contract for work in Italy
NEW HARTFORD — The U.S. Navy awarded Rome Research Corp. (RRC), a subsidiary of PAR Technology Corp. (PAR), a $6.8 million contract to provide teleport
Anaren quarterly profit, sales slide
DeWITT — A nearly 20 percent drop in sales resulted in a more than 30 percent profit decline in the fiscal fourth quarter at Anaren,
PAR posts second quarter loss, but revenue improves
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) lost $511,000 from continuing operations in the second quarter. That’s improved from a net loss of $17.5
ConMed Q2 profit jumps, but firm lowers sales forecast slightly
UTICA — Medical technology company ConMed Corp. (NASDAQ: CNMD) reported a 19 percent increase in net income and 20 percent rise in earnings per share in the second quarter on a 3.5 percent increase in total sales. Sales were driven higher by a 7.5 percent climb in revenue from single-use surgical products. However, the Utica–based
PAR leaders optimistic despite Q2 loss
NEW HARTFORD — Despite a second-quarter loss, leaders at PAR Technology Corp. (NYSE: PAR) remain encouraged by the company’s future prospects. PAR lost $511,000 from
Syracuse student business incubator ranks highly on national list
SYRACUSE — The Tech Garden’s Student Sandbox ranked third on a list of top college business incubators in the country from BestCollegesOnline.com. The Rochester Institute
Utica firm wins $27M cyber contract from Air Force
UTICA — Quanterion Solutions, Inc. won a five-year, $27 million contract from the Air Force to operate a cyber security center. The Cyber Security and
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