Semitool (SMLT) Reports Surge In Q4 Bookings, Raises Revenue Guidance
More News related to SMTL
- Applied Materials Commences Tender Offer for All Outstanding Shares of Semitool, Inc.
- Finkelstein Thompson LLP Announces Investigation of Semitool, Inc. Acquisition
- Wolf Haldenstein Investigating Semitool, Inc. Proposed Acquisition
- Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Semitool, Inc.
- Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Shareholders of Semitool, Inc.
Semitool, Inc. (NASDAQ: SMTL) announced fourth quarter bookings of $71.7 million, more than double the third quarter orders and nearly three times its second quarter bookings of $24.6 million. This was largest sequential bookings increase since Semitool went public in 1995.
Semitool management now expects fiscal fourth quarter revenue of between $46 million and $47 million, up from a previous revenue forecast of between $40 million and $42 million. The consensus is $41.25 million.
COO Larry Murphy said, "The investments we have made in our Asian organizations have led to a substantial expansion of our market share in the region."
Related Categories
GuidanceHot List
Stocks Mentioned
+0.03Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
