Mattson Technology (MTSN) Cuts Q2 Outlook; Cites Delayed Suprema Shipments
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Mattson Technology, Inc. (NASDAQ: MTSN), a leading supplier of advanced process equipment used to manufacture semiconductors, today provided preliminary financial information for the Company's second quarter ended July 1, 2012.
Sees sales of $33 million to $35 million, from guidance of $40 million to $50 million. Reasoning behind the lowered outlook was primarily due to a customer requested delay in shipment of Suprema strip systems to a foundry.
Sees net loss at low-end of ($0.06) to $0.02 outlook.
The Street was modeling sales of $47.1 million and EPS of $0.00.
Sees sales of $33 million to $35 million, from guidance of $40 million to $50 million. Reasoning behind the lowered outlook was primarily due to a customer requested delay in shipment of Suprema strip systems to a foundry.
Sees net loss at low-end of ($0.06) to $0.02 outlook.
The Street was modeling sales of $47.1 million and EPS of $0.00.
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