Cabot Microelectronics Corp (CCMP) Tops Q2 EPS by 8c

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Cabot Microelectronics Corporation Reports Results for Second Quarter of Fiscal 2014

April 24, 2014 6:00 AM EDT

Revenue of $99.5 Million, In Line with Industry Demand Patterns Gross Profit Margin of 46.8 Percent of Revenue; Non-GAAP 48.9 Percent, Excluding Asset Impairment Charge Earnings Per Share of 40 Cents; Non-GAAP 46 Cents, Excluding Impairment Increase in Authorized Share Purchase Program to $150 Million from Previously Remaining $62 Million

AURORA, Ill., April 24, 2014 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP), the world's leading supplier of chemical mechanical planarization (CMP) polishing slurries and a growing CMP pad supplier to the semiconductor industry, today reported financial... More