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7/25/2004

Applied Films earnings top record

The Daily Times-Call

LONGMONT — Applied Films Corp. had a record-breaking year, according to company President and CEO Thomas Edman.
In its fourth-quarter earnings results, the company earned $2.7 million on revenue of $65.5 million, compared to earnings of $2.3 million on revenue of $49.7 million in the same quarter of 2003.
For the year ended June 26, 2004, Applied Films’ income from continuing operations was $12.4 million on revenue of $228.4 million, compared to income of $1.4 million on revenue of $148.1 million in 2003.
The company, headquartered in Longmont, develops and implements coating solutions for products such as solar glass and flat-panel displays.