Cabot Microelectronics (CCMP) Misses Q3 EPS by 8c

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Go back to Cabot Microelectronics (CCMP) Misses Q3 EPS by 8c

Cabot Microelectronics Corporation Reports Results for Third Quarter of Fiscal 2015

July 30, 2015 6:00 AM EDT

Revenue of $97.2 Million Reflects Soft Industry Demand, as ExpectedGross Profit Margin of 50.0 Percent of Revenue; Annual Guidance RaisedEarnings Per Share of 39 Cents, Including 7 Cent Adverse Effect From Costs Related to Raw Material Quality and Higher Effective Tax RateCash Flow From Operations of $25.2 MillionResults Consistent with July 22 Business Update

AURORA, Ill., July 30, 2015 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP), the worlds leading supplier of chemical mechanical planarization (CMP)... More