Nanometrics, Inc. (NANO) Reports In-Line Q2 EPS

Nanometrics, Inc. (NASDAQ: NANO) reported Q2 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $48.63 million versus the consensus estimate of $47.48 million.

Nanometrics, Inc. sees Q3 2015 EPS of $0.00-$0.06. Nanometrics, Inc. sees Q3 2015 revenue of $43-47 million.

President and chief executive officer Dr. Timothy J. Stultz said, "Second-quarter results came in at the high end of our guidance range, due primarily to record sales for 3D-NAND and continued strength in spending by our recently-penetrated foundry customers. I’m also pleased to report improved gross margin and operating margin compared to the first quarter. We continue to operate within a healthy business environment for wafer fab equipment, and our solutions continue to be in high demand for process control of advanced 3D device architectures. As our market share gains continue to bear fruit through the end of 2015 and into 2016, we expect continued outperformance versus the industry, as well as improving profitability coming from the leverage in our business model and the impact of our increased focus on operating performance.”

For earnings history and earnings-related data on Nanometrics, Inc. (NANO) click here.

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