Cabot Microelectronics (CCMP) Tops Q2 EPS by 9c

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Cabot Microelectronics Corporation Reports Strong Results for Second Quarter of Fiscal 2017

April 27, 2017 6:00 AM EDT

Revenue of $119.2 Million, 20.1 Percent Higher Than Last YearGAAP Gross Profit Margin of 50.4 Percent of Revenue; Non-GAAP 51.4 Percent; Annual Guidance RaisedGAAP Earnings Per Share of $0.71, Up 91.9 Percent Compared to Last Year; Non-GAAP $0.76As Previously Announced, Quarterly Cash Dividend Increased

AURORA, Ill. , April 27, 2017 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP), the worlds leading supplier of chemical mechanical planarization (CMP) polishing slurries and second largest CMP pad supplier to the semiconductor industry, today reported financial results for... More