Excel Technology Slips on Meeting Estimates - TheStreet

Excel Technology

(XLTC)

, which makes laser systems, was down 2.9% in early trading after it announced third-quarter earnings at 35 cents a share, in line with estimates and ahead of last year's 29 cents. The company also said that Antoine Dominic had stepped down as chairman to be replaced by J. Donald Hill. Dominic remains chief exec.