Mattson Technology (MTSN) Cuts Q2 Outlook; Cites Delayed Suprema Shipments
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Price: $2.05 +11.41%
EPS Growth %: -1,100.0%
Financial Fact:
Research, development and engineering: 4.31M
Today's EPS Names:
LBIX, ESEA, ISS, More
EPS Growth %: -1,100.0%
Financial Fact:
Research, development and engineering: 4.31M
Today's EPS Names:
LBIX, ESEA, ISS, More
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Mattson Technology, Inc. (NASDAQ: MTSN), a leading supplier of advanced process equipment used to manufacture semiconductors, today provided preliminary financial information for the Company's second quarter ended July 1, 2012.
Sees sales of $33 million to $35 million, from guidance of $40 million to $50 million. Reasoning behind the lowered outlook was primarily due to a customer requested delay in shipment of Suprema strip systems to a foundry.
Sees net loss at low-end of ($0.06) to $0.02 outlook.
The Street was modeling sales of $47.1 million and EPS of $0.00.
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Sees sales of $33 million to $35 million, from guidance of $40 million to $50 million. Reasoning behind the lowered outlook was primarily due to a customer requested delay in shipment of Suprema strip systems to a foundry.
Sees net loss at low-end of ($0.06) to $0.02 outlook.
The Street was modeling sales of $47.1 million and EPS of $0.00.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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