Pac Premier
Giving Guide
You are here:  Home  >  Current Article

Power-One leads the pack in Q1 earnings

By   /   Monday, May 10th, 2010  /   Comments Off on Power-One leads the pack in Q1 earnings

    Print       Email

Tri-county tech firms have announced strong first-quarter results, largely fueled by impressive growth at Camarillo’s Power-One.

Here’s a closer look at first-quarter earnings at some of the largest firms in the region:

• Power-One, a maker of power treatment products for everything from computers to trains to solar panels, turned in a $3.8 million profit for the first quarter, compared with a $61 million loss in the first quarter of last year. The swing from red to black stemmed from a 556 percent increase in sales for the company’s products for solar panels and wind turbines, a business line it acquired a few years ago as its traditional segments stagnated.

The full version of this article is only available in the print edition. To view everything the Business Times offers, see this week’s print version or SUBSCRIBE to the print edition for $49.99 today.

    Print       Email