Rudolph Technologies (RTEC) Tops Q4 EPS by 3c, Slight Beat on Revenues; Offers Q1 EPS Guidance Above Consensus, Q1 Revenue Mid-Point Guidance Above Consensus

Rudolph Technologies (NYSE: RTEC) reported Q4 EPS of $0.29, $0.03 better than the analyst estimate of $0.26. Revenue for the quarter came in at $60.81 million versus the consensus estimate of $60.78 million.

2017 Fourth Quarter Highlights

• Fourth quarter revenue of $60.1 million, an increase of 11 percent over the 2016 fourth quarter.
• Orders exceed $100 million in the fourth quarter, including $21 million from two memory customers.
• Gross margins strengthen to 54 percent.
• Shipment of JetStep® S lithography tool to major IDM for pre-production panel fan out packages.

Outlook

The Company is currently anticipating revenue to be in a range of $64 million to $74 million. The Company is also expecting diluted GAAP net income per share to be in the range of $0.27 to $0.45 and non-GAAP net income per diluted share to be in the range of $0.32 to $0.50. Due to the enactment of tax reform, the Company currently expects its effective tax rate to be in the range of 19 percent to 22 percent.

GUIDANCE:

Rudolph Technologies sees Q1 2018 EPS of $0.32-$0.50, versus the consensus of $0.31. Rudolph Technologies sees Q1 2018 revenue of $64-74 million, versus the consensus of $66.14 million.

For earnings history and earnings-related data on Rudolph Technologies (RTEC) click here.

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