Rudolph Technologies (RTEC) Tops Q4 EPS by 1c

Rudolph Technologies (NYSE: RTEC) reported Q4 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $51.5 million versus the consensus estimate of $51.3 million.

Michael Plisinski, chief executive officer, commented, “With strong demand for our products and integrated solutions, our many successes in 2015 set the stage for a strong 2016. Fourth quarter revenues of $51.1 million completed a record year for Rudolph. Our core inspection business grew by 30 percent in 2015, driven by strong demand for our unique blend of 2D macro inspection, 3D metrology, and software in a variety of advanced packaging applications. Further enhancing our growth in advanced packaging, lithography sales of $16.5 million grew over 30 percent from 2014, and we recognized revenue on two JetStep advanced packaging lithography systems in the 2015 fourth quarter. Since its introduction in 2012, we have expanded our lithography business at a compound-annual-growth-rate of approximately 30 percent, with several significant wins paving the way for further success. This morning we announced a new lithography customer with an order for our first JetStep S-Series panel system from a leading Taiwanese outsourced assembly and test (OSAT) customer for the semiconductor advanced packaging industry’s first panel manufacturing line.”

Mr. Plisinski continued, “Advanced packaging will remain a strong growth driver for Rudolph as customers continue to invest in a variety of new and challenging packaging technologies such as Cu-pillar, wafer level fan-out, and through-silicon vias (TSVs) to lower cost and increase performance of mobile devices.

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

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