Cabot Microelectronics (CCMP) Misses Q2 EPS by 7c

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Go back to Cabot Microelectronics (CCMP) Misses Q2 EPS by 7c

Cabot Microelectronics Corporation Reports Results for Second Quarter of Fiscal 2016

April 28, 2016 6:00 AM EDT

Revenue of $99.2 Million Reflects Continued Soft Semiconductor Industry Demand, as ExpectedGAAP Gross Profit Margin of 47.3 Percent of Revenue; Non-GAAP 48.4 Percent; Full Year GAAP Guidance Remains Unchanged at 49 to 51 PercentGAAP Earnings Per Share of 37 Cents; Non-GAAP 41 CentsCash Flow From Operations of $25.4 Million; $15 Million of Share Repurchases

AURORA, Ill., April 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... More