2Q 2012/2Q 2011 Results:
Revenue: $10.8 million/$15.1 million
Net loss: $5.2 million/$1.2 million
Net lost per share: $0.49/$0.13
A bruised (optimists might say “tested”) Adept Technology began 2013 newly shuffled, trimmed, funded, and focused. Equity markets have noticed Adept’s realignment — a few short years in the making — but investors are impatient with a recovery that is proving elusive.
Adept’s per-share price ($3.48 at the time of this writing) is one-fifth of its peak in 2006.
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