Align-Rite Profit Leaps 45% as Sales Surge

Align-Rite International Inc. posted record net income and record revenue for its fiscal year that ended March 31.

The Burbank-based company posted net income of $4.96 million for the year, a 45% increase from net income of $3.42 million in 1995. Revenue for the latest year rose 31% to $33.3 million, up from $25.4 million a year earlier.

In the fourth quarter, Align-Rite’s profit climbed 12% to $1.33 million, up from $1.19 million last year. Sales in the latest quarter jumped 29% to $8.99 million, up from $6.98 million.

Align-Rite is a maker of precision quartz and glass plates that contain images of integrated circuits and are used during the manufacturing process by semiconductor makers.