Ultratech (UTEK) Tops Q2 EPS by 1c
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Ultratech Announces Second Quarter 2016 Results
July 21, 2016 9:01 AM EDT2Q 2016 Revenue of $48.9 million, up 8% sequentially
2Q 2016 GAAP Net Income of $2.6 million, up 326% sequentially
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 period ended July 2, 2016.
For the second quarter of fiscal 2016, Ultratech reported net sales of $48.9 million as compared to $45.9 million during the second quarter of fiscal 2015.
On a GAAP basis, Ultratech's net income for the... More
