Electro Scientific (ESIO) Reports Q4 Adj-Loss of $0.26; Guides Q1; Buys Intellectual Property Rights from XSiL
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Electro Scientific Industries, Inc. (Nasdaq: ESIO) reports Q4 non-GAAP loss of $0.26, 1 cent better than the analyst estimate of ($0.27). Revenue for the quarter was $18.1 million, versus the consensus of $21.25 million.
Sees Q1 non-GAAP loss of $0.25-$0.30, versus the consensus of a loss of $0.23, with sales flat from Q1.
Separately, the company also announced that it has purchased all intellectual property (IP) rights and certain hardware and software components from XSiL Ltd.
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