Electro Scientific Industries (ESIO) Tops Q2 EPS by 9c

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Go back to Electro Scientific Industries (ESIO) Tops Q2 EPS by 9c

ESI Announces Fiscal Second Quarter 2016 Results

October 28, 2015 4:03 PM EDT

PORTLAND, Ore.--(BUSINESS WIRE)-- Electro Scientific Industries, Inc. (NASDAQ: ESIO), an innovator in laser-based manufacturing solutions for the microtechnology industry, today announced results for its fiscal 2016 second quarter ended September 26, 2015. Financial measures are provided on both a GAAP and a non-GAAP basis, which excludes the impact of purchase accounting, equity compensation, restructuring and other items.

Second quarter revenue was $46.5 million, compared to $43.1 million in the first quarter of 2016 and $42.9 million in the second quarter of last fiscal year. GAAP net loss was $3.3 million or $0.10 per share. Non-GAAP net loss was $1.0 million or $0.03 per... More