ESI Announces Third Quarter Fiscal 2016 Results
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Needham & Company Upgrades Electro Scientific Industries (ESIO) to Buy
February 3, 2016 7:25 AM ESTNeedham & Company upgraded Electro Scientific Industries (NASDAQ: ESIO) from Hold to Buy with a price target of $8.00 on strong orders, surprise Q3 profit and solid guidance.
Analyst James Ricchiuti commented, "We upgrade our rating on ESIO to Buy from Hold given our increased... More
Electro Scientific Industries (ESIO) Tops Q3 EPS by 7c, Offers Q4 Guidance
February 2, 2016 5:11 PM ESTElectro Scientific Industries (NASDAQ: ESIO) reported Q3 EPS of $0.01, $0.07 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $43.3 million versus the consensus estimate of $45.7 million.
GUIDANCE:
Electro Scientific Industries sees Q4 2016 revenue of $47-53 million, versus the... More
