GSI Group Reports Q4 EPs of $(0.05)

GSI Group Inc. GSIG today reported financial results for the fourth quarter ended December 31, 2010. During the fourth quarter of 2010, GSI generated revenue of $91.6 million, up 26% as compared to the same period a year ago. Earnings per share for the fourth quarter of 2010 improved significantly to a ($0.05) loss, as compared to a loss of ($1.99) in the fourth quarter of 2009. Operating Income in the fourth quarter was $9.5 million versus a loss of ($1.2) million in the fourth quarter of 2009.