Cabot Microelectronics (CCMP) Tops Q4 EPS by 5c

Cabot Microelectronics (NASDAQ: CCMP) reported Q4 EPS of $1.68, $0.05 better than the analyst estimate of $1.63. Revenue for the quarter came in at $278.6 million versus the consensus estimate of $279.32 million.

Guidance:

For the first quarter of fiscal 2020, the company currently expects total revenue to be approximately flat compared to the company’s revenue for the fourth quarter of fiscal 2019. Electronic Materials revenue is expected to be approximately flat sequentially and Performance Materials revenue is expected to be approximately flat to up low single digits sequentially.

The company currently expects full fiscal year 2020 adju

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