Electroglas (EGLS) Guides Lower for Q1

September 5, 2008 4:23 PM EDT

Electroglas, Inc. (Nasdaq: EGLS) expects its financial results for the first quarter ended August 30, 2008 to be below the expectations previously provided due to weak semiconductor equipment market conditions and the company now expects revenue to be in the range of $8.1 million to $8.4 million for the first quarter.

Electroglas will release its first quarter results after the market closes on September 18, 2008.

Electroglas Inc is a supplier of semiconductor manufacturing equipment and software to the global semiconductor industry.[SM]


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