Electro Scientific Industries (ESIO) Q1 Results Easily Tops Views, Q2 Guidance Beats
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ESI Announces First Quarter Fiscal 2018 Results
August 2, 2017 4:02 PM EDTPORTLAND, Ore., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Electro Scientific Industries, Inc. (NASDAQ: ESIO), an innovator of laser-based manufacturing solutions for the microtechnology industry, today announced results for its fiscal 2018 first quarter ended July 1, 2017. Financial measures are provided on both a GAAP and a non-GAAP basis, which excludes the impact of purchase accounting, equity compensation, restructuring, impairments of other assets and inventory, and other items included in the non-GAAP reconciliation table below.
First quarter revenue was $72.7 million, compared to $47.7 million in the first quarter of last fiscal year. GAAP net income was $2.9... More
