Semitool (SMLT) Reports Surge In Q4 Bookings, Raises Revenue Guidance
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."
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."
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