Nanometrics, Inc. (NANO) Tops Q1 EPS by 10c

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Go back to Nanometrics, Inc. (NANO) Tops Q1 EPS by 10c

Nanometrics Reports First Quarter 2016 Financial Results

April 26, 2016 4:05 PM EDT

MILPITAS, Calif., April 26, 2016 (GLOBE NEWSWIRE) -- Nanometrics Incorporated (NASDAQ: NANO), a leading provider of advanced process control systems, today announced financial results for its quarter ended March 26, 2016.

Q1 2016 Highlights:

Significant Improvement in Profitability. With quarterly revenues up 11% sequentially, non-GAAP operating margin improved by seven percentage points, demonstrating our improvements in operational efficiency and the earnings leverage in our financial model.Record 3D NAND Sales and Bookings. An accelerating customer ramp and tool-of-record positions at every major 3D-NAND manufacturer led to a... More