Nanometrics (NANO) Tops Q1 EPS by 5c; Issues Light Q2 Outlook

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Nanometrics Reports First Quarter 2015 Financial Results

April 28, 2015 4:06 PM EDT

MILPITAS, Calif., April 28, 2015 (GLOBE NEWSWIRE) -- Nanometrics Incorporated (Nasdaq: NANO), a leading provider of advanced process control systems, today announced financial results for its first quarter ended March 28, 2015.

Q1 2015 Highlights Include:

- Improved Financial Performance. Revenue grew 27% from Q4 2014 and non-GAAP gross margin improved 2.3 percentage points; strong revenue ramp and improved operating efficiencies resulted in over 50% flow-through to operating income and return to profitability exceeding the high end of guidance.

- Record Revenues from World's Leading Foundry.... More