11-04 :: April/May 2011
Within seconds, NanoFocus´ non-contact measurement systems deliver precise 3D data of technical surfaces in the micro and nanometer ranges. To always provide the best solutions to our customers, we internally design, develop and produce hardware and soft- ware for more than 15 years.
Now, NanoFocus goes inline too – same NanoFocus precision with over 1 million measure- ments per second to satisfy a broad range of industrial applications.
and March quarters typically represent 25% to 30% of our total adjusted EBITDA for the year, our 2011 results will depend upon the continued recovery and strength of our end markets. Based on somewhat soft April sales, and particularly for our light building pro- ducts segment, our end markets may have stabilized but they do not appear to have materially strengthe- ned.”
“We remain cautiously optimistic that we will meet our fiscal year 2011 EBITDA guidance range of $85 to $100 million,” said Mr. Newman, “and that con- ditions in our end markets will improve in the second half of the year. We also expect to see some benefit from our price increase in light building products and reduced expenses from our restructuring activi- ties. We will continue to monitor the performance of our business closely and provide the appropriate guidance during the remainder of the year.“
The total revenue for the six months ended March 31, 2011 was $281.8 million, up 5% from $267.8 million for 2010. Gross profit decreased 11%, from $56.9 million in 2010 to $50.4 million in 2011. The operating loss increased from $(10.6) million in 2010 to $(74.2) million in 2011, and the net loss increased from $(26.9) million, or a diluted loss per share of $(0.45) in 2010, to a net loss of $(176.8) million, or $(2.93) per diluted share, in 2011. For the six months ended March 31, 2011, adjusted EBITDA was $21.7 million, consistent with the seasonal fore- cast based on 25%-30% adjusted EBITDA expected in the first half of the year and guidance of $85 to $100 million of adjusted EBITDA. http://www.headwaters.com