Nanometrics, Inc. (NANO) Misses Q2 EPS by 1c

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Nanometrics Reports Second Quarter 2016 Financial Results

July 26, 2016 4:06 PM EDT

MILPITAS, Calif., July 26, 2016 (GLOBE NEWSWIRE) -- Nanometrics Incorporated (NASDAQ: NANO), a leading provider of advanced process control systems, today announced financial results for its fiscal second quarter ended June 25, 2016.

Q2 2016 Highlights:

Record Memory Sales, Driven by 3D-NAND. Following record 3D-NAND bookings in the first quarter, the company achieved record 3D-NAND revenues in the second quarter of 2016, driven by production ramps underway by multiple leading manufacturers. The companys strength in 3D-NAND also led to an all-time quarterly record for revenues from the overall memory market.Record Integrated Metrology... More