Needham & Company Upgrades Electro Scientific Industries (ESIO) to Buy

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Electro Scientific Industries (ESIO) Tops Q3 EPS by 7c, Offers Q4 Guidance

February 2, 2016 5:11 PM EST

Electro 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