Electroglas (EGLS) Reports Lower Q1 Earnings; Guides FY09 Sales

September 18, 2008 4:09 PM EDT

Electroglas, Inc. (Nasdaq: EGLS) reports a Q1 loss of $0.16, compared to a loss of $0.11 in the same quarter last year. Revenues for the quarter were $8.4 million, versus the consensus of $12 million.

Sees FY09 sales of $7-$8.5 million.

Electroglas, Inc. engages in the supply of semiconductor manufacturing equipment and software to the semiconductor industry.


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