Electroglas (EGLS) Re-Confirms Second Fiscal Quarter Guidance
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Electroglas (Nasdaq: EGLS) announced that it reconfirms its guidance for the second fiscal quarter ending November 30, 2008 of revenue in the $7.0 - $8.5 million range. Thomas M. Rohrs, the Company's Chairman and Chief Executive Officer stated, "We are reconfirming our revenue guidance for the second fiscal quarter despite weakness in the semiconductor market because we are optimistic about our motion control platform business."
Electroglas is a leading supplier of innovative wafer probers and software solutions for the semiconductor industry.
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