news digest ♦ compound semiconductor ♦ financial news
to meet increased demand from the consumer and wireless markets, which will lead revenue growth in the foundry business to outpace the semiconductor industry in 2010 added Mr. Jelinek.
ISuppli also said it sees a number of acquisitions among foundries occurring this year, some of which have already been announced, as so-called Tier 2 foundries may need to extend capacity. Those types of deals “are sure to result in a dramatic reshaping of the foundry industry in 2010 and beyond,” iSuppli said.
Nanometrics Reports FYQ1 2010 Revenues increase by 270%
Revenue up to $37.2 million and gross margin up to 55.3% from 38.3%
Nanometrics ,a leading provider of advanced process control metrology systems used primarily in the fabrication of semiconductors, high-brightness LEDs, data storage devices and solar photovoltaics, have announced financial results for its fiscal first quarter ended April 3, 2010.
(In millions, except per share data)
Revenue Gross margin
Total Operating Expenses
Net Income (loss)
Earnings per diluted square
FYQ1 2010FYQ1 2009 $37.2
$10.1
55.30% $14.6 $5.9
$0.26
28.30% $11.9
($10.6) ($0.58)
Commenting on the FYQ1 results, President and CEO Dr. Timothy J. Stultz said, “Our business continues to benefit from technology purchases of several of our metrology platforms, in our customers’ ongoing push to shrink geometries and move to advanced process nodes. In the first quarter, we witnessed the emergence of capacity buys, which over the next several quarters should benefit us following the key tool-of-record product selections we have won over the last
112
www.compoundsemiconductor.net June 2010
few quarters. We have also seen further growth in sales of our HB-LED metrology systems.” A live and recorded webcast of the conference call held discussing the FYQ1 results will be made available on the investor page of the Nanometrics website at
www.nanometrics.com.
IPG Revenue up 13% for FY Q1 2010
Gross margin up 5% over same time last year and increased revenue attributed to sales pulsed lasers for materials processing applications, and low-powered lasers for medical applications
IPG Photonics Corporation manufactures high- power fiber lasers and amplifiers used in compound semiconductor processing and telecommunications and medical applications. It has announced its financial results for Q1 of fiscal year 2010 (ended March 31 2010) and results are below.
(In millions, except per share data) FYQ1 2010 FYQ1 2009 % Change
Revenue $51.2
Gross Margin 40.10%
$45.4
Operating income $5.3
Operating margin 10.40%
34.90% $2.0
4.50%
Net income to IPG $3.4
$1.3
Photonics Corporation Earnings per diluted share $0.07
$0.03 167% 133%
Dr. Valentin Gapontsev, IPG Photonics’ CEO commented on the first quarter, “We increased gross margin by more than 5 percentage points year over year to 40% due to improved contribution margin, manufacturing absorption and product mix. We are pleased with the improvement in IPG’s operating leverage and
13% 163%
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127