Ultratech (UTEK) Tops Q2 EPS by 7c

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Ultratech Announces Second Quarter 2015 Results

July 23, 2015 9:01 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Ultratech, Inc. (NASDAQ: UTEK) a leading supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), today announced unaudited results for the three-month period ended July 4, 2015.

For the second quarter of fiscal 2015, Ultratech reported net sales of $45.9 million as compared to $36.8 million during the second quarter of fiscal 2014. Ultratech's net income for the second quarter of 2015 was $1.5 million, or $0.06 per share, as compared to net loss of $3.9 million, or $(0.14) per share, for the same quarter last year.

Arthur W. Zafiropoulo, Chairman... More