Needham & Company Cuts Price Target on Mattson Technology (MTSN) Following 2Q15
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Mattson Technology, Inc. Reports Results for the Second Quarter of 2015
July 30, 2015 4:15 PM EDTFREMONT, CA -- (Marketwired) -- 07/30/15 -- Mattson Technology, Inc. (NASDAQ: MTSN), a leading supplier of advanced process equipment used to manufacture semiconductors, today announced results for the second quarter ended June 28, 2015.
Business Highlights:
Net revenue for the second quarter of 2015 was in-line with previously issued guidance at $43.3 million.Gross margin in the second quarter of 2015 was 37 percent, essentially flat with the first quarter of 2015 and in-line with previously issued guidance. Net income for the second quarter of 2015 was $2.6... More