Ultratech (UTEK) Tops Q4 EPS by 4c

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Go back to Ultratech (UTEK) Tops Q4 EPS by 4c

Ultratech Announces Fourth Quarter and Year-End 2015 Results

February 4, 2016 9:00 AM EST

Multi-system orders for LSA, AP at the end of 2015 provide momentum into 2016

SAN JOSE, Calif.--(BUSINESS WIRE)-- Ultratech, Inc. (Nasdaq: UTEK) a leading supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), today announced unaudited results for the three-month and twelve-month periods ended December 31, 2015.

For the fourth quarter of fiscal 2015, Ultratech reported net sales of $28.3 million as compared to $48.3 million during the fourth quarter of fiscal 2014.

On a GAAP basis, Ultratech's net loss for the fourth quarter of 2015 was $8.9... More