Rudolph Technologies Reports 2016 Second Quarter Results
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Dougherty & Co Downgrades Rudolph Technologies (RTEC) to Neutral
July 29, 2016 9:10 AM EDTDougherty & Co downgraded Rudolph Technologies (NYSE: RTEC) from Buy to Neutral and removed its price target (prior $16.00). Analyst Richard Ryan said he doesn't see material upside to current valuation.
"2Q results handily beat estimates with virtually all metrics showing strength. The strong beat came from advanced... More
Rudolph Technologies (RTEC) Tops Q2 EPS by 7c; Guides Q3 EPS Above the Street
July 28, 2016 5:03 PM EDTRudolph Technologies (NYSE: RTEC) reported Q2 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $62.7 million versus the consensus estimate of $60.27 million.
Michael Plisinski, chief executive officer, commented, We delivered strong financial results for the second quarter across a number of key metrics including revenue, gross margin, and operating income; on a sequential basis, revenue increased 15 percent, gross margins expanded 110 basis... More
