Dalsa Reports Fourth Quarter 2009 Financial Results

Dalsa Corporation reported revenue from continuing operations of $43.4 million for the quarter ended December 31, 2009, and net loss from continuing operations of $1.0 million or $0.06 per share, diluted. Excluding a foreign exchange loss of $0.5 million and restructuring costs of $1.3 million, net income from continuing operations for the fourth quarter was $0.4 million or $0.02 per share. For the full year 2009, the Company achieved revenue of $162.5 million and earnings from continuing operations of $0.5 million. 
"In the fourth quarter we were pleased to see strengthening of demand for our Digital Imaging products, particularly in the Asia Pacific region," commented Brian Doody, Chief Executive Officer of Dalsa Corporation. "A steady rise in bookings for standard products in the Digital Imaging business and an increasing proportion of orders for delivery in the short term are strong indicators for improved results starting in the first half of 2010.