Electro Scientific Industries (ESIO) Q3 Guidance Tops Views

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Go back to Electro Scientific Industries (ESIO) Q3 Guidance Tops Views

ESI Reports Strong Preliminary Third Quarter 2018 Financial Results

January 17, 2018 4:05 PM EST

PORTLAND, Ore., Jan. 17, 2018 (GLOBE NEWSWIRE) -- Electro Scientific Industries, Inc. (Nasdaq: ESIO), an innovator in laser-based manufacturing solutions for the micro-machining industry, today reported preliminary financial results for the fiscal 2018 third quarter ended December 30, 2017. For the third quarter ESI expects to report revenue of between $106 and $111 million, and adjusted earnings per diluted share that exceeds the guided range provided on November 1. The company also expects to report third quarter bookings of approximately $134 million, up from $44.1 million in the third quarter of 2017. The company anticipates reporting its full third quarter financial results on... More