Cabot Microelectronics (CCMP) Tops Q1 EPS by 9c

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Cabot Microelectronics Corporation Reports Results for First Quarter of Fiscal 2016

January 28, 2016 6:00 AM EST

Revenue of $100.4 Million Reflects Soft Industry Demand, as ExpectedGAAP Gross Profit Margin of 50.0 Percent of Revenue; Non-GAAP 51.6 PercentGAAP Earnings Per Share of 46 Cents; Non-GAAP 56 CentsNexPlanar Integration on ScheduleAs Previously Announced, Initiated Quarterly Cash Dividend Program and Increased Share Repurchase Authorization

AURORA, Ill., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP), the worlds leading supplier of chemical mechanical planarization (CMP) polishing slurries and a growing CMP pad supplier to the semiconductor industry, today reported... More