Nanometrics, Inc. (NANO) Misses Q1 EPS by 2c

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Nanometrics Reports First Quarter 2019 Financial Results

April 30, 2019 4:08 PM EDT

MILPITAS, Calif., April 30, 2019 (GLOBE NEWSWIRE) -- Nanometrics Incorporated (NASDAQ: NANO), a leading provider of advanced process control systems, today announced financial results for its first quarter ended March 30, 2019.

First Quarter 2019 Highlights:

Strong Sequential Growth in Foundry/Logic; Outlook Strengthens for Second Half. Revenues of $67.1 million were at the high end of forecast, with service revenues continuing at record levels and product revenues reflecting a balanced contribution from memory and from the foundry, IDM and other device markets, which grew nearly 40% sequentially... More