SCI Engineered Materials Reported Earnings

SCI Engineered Materials (SCIA) reported earnings of $0.26 per share on revenue of $9.49 million for the . . Revenue grew 162.82% on a year-over-year basis.

SCI Engineered Materials, Inc., an Ohio corporation, manufacture ceramic and metal sputtering targets for a variety of industrial applications including: Photonics, Thin Film Solar, Thin Film Battery, Semiconductor, and, to a lesser extent HTS materials. Photonics currently represents the largest market for our targets. Thin Film Solar is an industry that is exhibiting rapid growth and we expect this market to grow quickly. Thin Film Battery is a developing market where manufacturers of batteries use our targets to produce very small power supplies with small quantities of stored energy. Semiconductor is a developing market for us. The company serves domestic and multi-national corporations, universities, and research institutions. It distributes its products through direct sales force and independent manufacturers' representatives in the United States, as well as through independent distributors in the international markets. The company is based in Columbus, Ohio.