Electro Scientific Industries (ESIO) Tops Q1 EPS by 11c

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Go back to Electro Scientific Industries (ESIO) Tops Q1 EPS by 11c

ESI Announces Strong First Quarter Fiscal 2019 Results

August 1, 2018 4:10 PM EDT

PORTLAND, Ore., Aug. 01, 2018 (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 2019 first quarter ended June 30, 2018. Financial measures are provided on both a GAAP and a non-GAAP basis. Non-GAAP results exclude the impact of purchase accounting, equity compensation, restructuring, and other items shown in the non-GAAP reconciliation table below.

First quarter revenue was $110.6 million, compared to $72.7 million in the first quarter of last fiscal year. GAAP net income was $31.1 million or $0.87 per diluted share, compared to net... More