), a leading supplier of innovative laser-based manufacturing solutions for the microtechnology industry, today announced results for its fiscal 2011 second quarter ended October 2, 2010. Financial measures are provided on both a GAAP and non-GAAP basis, which excludes the impact of purchase accounting, equity compensation and non-recurring items. Revenue in the second quarter was $59.6 million, compared to $58.5 million in the first quarter of 2011 and $27.6 million in the same quarter one year ago. On a GAAP basis, net loss was $0.6 million or $0.02 per share, compared to net income of $0.2 million or $0.01 per diluted share in the prior quarter. On a non-GAAP basis, excluding the impact of purchase accounting, equity compensation and non-recurring items, second quarter net income was $2.9 million or $0.10 per diluted share, compared to net income of $0.8 million or $0.03 per diluted share in the first quarter. Based on current business conditions, ESI expects revenues for the third quarter of fiscal 2011 in the mid-$60 million range. We expect the acquisition of PyroPhotonics will negatively impact earnings by two to three cents per share. As a result, non-GAAP earnings per share are expected to be $0.10 to $0.15 excluding the impact of purchase accounting, equity compensation and non-recurring items.