Xcerra (XCRA) Tops Q4 EPS by 3c; Issues Light Q1 Outlook

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Xcerra Announces Fourth Quarter and Fiscal Year Results

September 3, 2015 7:00 AM EDT

Fourth Fiscal Quarter and Fiscal Year Notables:

Factory acceptance received for first MEMS test cell solution in the fourth quarter Generated $28 million of GAAP Net Income and $48 million of EBITDA during the fiscal year, EBITDA excludes stock based compensation expense Acquired Titan Semiconductor Tool expanding the Company's contactor portfolio

NORWOOD, Mass., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (NASDAQ: XCRA), today announced financial results for its fourth fiscal quarter and fiscal year ended July 31, 2015.

Net sales... More

Xcerra Announces Stock Repurchase Program

September 3, 2015 6:55 AM EDT

NORWOOD, Mass., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (NASDAQ: XCRA) today announced that its Board of Directors has authorized the repurchase of up to $30 million of the Company's common stock from time to time on the open market or in privately negotiated transactions pursuant to a newly authorized stock repurchase plan (the "2015 Repurchase Plan"). The 2015 Repurchase Plan replaces and supersedes in its entirety the stock repurchase plan approved by the Board of Directors in September 2011, which had approximately $6 million remaining in the plan.

The timing and amount of any shares repurchased under... More

Xcerra Announces Stock Repurchase Program

September 3, 2015 6:55 AM EDT

NORWOOD, Mass., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (NASDAQ: XCRA) today announced that its Board of Directors has authorized the repurchase of up to $30 million of the Company's common stock from time to time on the open market or in privately negotiated transactions pursuant to a newly authorized stock repurchase plan (the "2015 Repurchase Plan"). The 2015 Repurchase Plan replaces and supersedes in its entirety the stock repurchase plan approved by the Board of Directors in September 2011, which had approximately $6 million remaining in the plan.

The timing and amount of any shares repurchased under... More