Rudolph Technologies Reports 2018 Third Quarter Results
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Rudolph Technologies (RTEC) PT Lowered to $23 at Credit Suisse
November 2, 2018 8:29 AM EDTCredit Suisse analyst John Pitzer lowered the price target on Rudolph Technologies (NYSE: RTEC) to $23.00 (from $27.00) while maintaining a Underperform rating.
... MoreRudolph Technologies (RTEC) Reports In-Line Q3 EPS; Offers Q4 EPS Outlook Below Consensus, Q4 Revenue Mid-Point View Below Consensus
November 1, 2018 4:57 PM EDTRudolph Technologies (NYSE: RTEC) reported Q3 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $60.43 million versus the consensus estimate of $60.73 million.
Michael Plisinski, chief executive officer, commented, Rudolph continues to build out its diversified business model and the third quarter saw growth in a number of areas most notably in specialty devices which increased 70 percent in the quarter and represented 29 percent of system revenue. This increase was primarily driven by RF manufacturers... More
