Nanometrics Reports FYQ1 2010 Revenues increase by 270%
Nanometrics ,a leading provider of advanced process control metrology systems used primarily in the fabrication of semiconductors, high-brightness LEDs, data storage devices and solar photovoltaics, today announced financial results for its fiscal first quarter ended April 3, 2010.
| (In millions, except per share data) |
FYQ1 2010 |
FYQ1 2009 |
Change |
| Revenue |
$37.2 |
$10.1 |
270% |
| Gross margin |
55.30% |
28.30% |
|
| Total Operating Expenses |
$14.6 |
$11.9 |
23% |
| Net Income (loss) |
$5.9 |
($10.6) |
|
| Earnings per diluted square |
$0.26 |
($0.58) |
|
Commenting on the FYQ1 results, President and CEO Dr. Timothy J. Stultz said, “Our business continues to benefit from technology purchases of several of our metrology platforms, in our customers’ ongoing push to shrink geometries and move to advanced process nodes. In the first quarter, we witnessed the emergence of capacity buys, which over the next several quarters should benefit us following the key tool-of-record product selections we have won over the last few quarters. We have also seen further growth in sales of our HB-LED metrology systems.” A live and recorded webcast of the conference call held discussing the FYQ1 results will be made available on the investor page of the Nanometrics website at www.nanometrics.com.
