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Electro Scientific Industries Inc (ESIO.O)

ESIO.O on Nasdaq

13.63USD
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

ESI reports Q4 GAAP loss per share $0.54
Tuesday, 9 May 2017 04:06pm EDT 

May 9 (Reuters) - Electro Scientific Industries Inc :ESI announces fourth quarter and full year fiscal 2017 results.Q4 GAAP loss per share $0.54.Q4 revenue $49.9 million versus I/B/E/S view $42.7 million.Q4 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S.Sees Q1 2018 non-gaap earnings per share $0.15 to $0.20.Q4 non-GAAP earnings per share $0.09.Sees Q1 2018 revenue $60 million.Electro Scientific Industries-expect to incur about $1-2 million of restructuring charges and $3.5 to $4.5 million of inventory and asset impairments in Q1 2018.Orders in Q4 were $82.3 million, compared to $55.6 million last year and $44.1 million in prior quarter.  Full Article

Electro Scientific Industries announces corporate restructuring
Friday, 10 Feb 2017 07:00am EST 

Electro Scientific Industries Inc : ESI announces corporate restructuring . Financial impact of actions is expected to reduce company's cost structure by $10 to $12 million on an annualized basis . Targeting an adjusted gross margin of 44 pct and adjusted EBITDA of 8 pct on an annual basis . Says financial impact of actions is expected to reduce company's cost structure by $10 to $12 million on an annualized basis . Expects pre-tax charges of $6.5 to $8.5 million, of which approximately $5 million is expected to be recorded in q4 of fiscal 2017 .Actions are expected to be largely completed by end of june 2017.  Full Article

Electro Scientific Industries says amended and restated existing loan and security agreement with Silicon Valley Bank
Wednesday, 1 Feb 2017 04:49pm EST 

Electro Scientific Industries Inc : Electro Scientific Industries - on Jan 31, co amended and restated its existing loan and security agreement with Silicon Valley Bank - sec filing .Electro Scientific Industries- maturity date of revolving line of credit and letter of credit sublimit available has been extended to March 20, 2019.  Full Article

ESI Q3 non-gaap loss per share $0.23
Wednesday, 1 Feb 2017 04:02pm EST 

Electro Scientific Industries Inc : Esi announces third quarter fiscal 2017 results . Q3 non-gaap loss per share $0.23 . Q3 gaap loss per share $0.29 . Q3 revenue $33.8 million versus $43.3 million . Sees q4 2017 non-gaap loss per share $0.02 to $0.07 . Electro Scientific Industries Inc- based on current orders and backlog, revenues for Q4 of fiscal 2017 are expected to be between $40 and $45 million . Electro Scientific Industries Inc - revenues for q4 of fiscal 2017 are expected to be between $40 and $45 million . Q4 earnings per share view $-0.17, revenue view $36.5 million -- Thomson Reuters I/B/E/S .Electro Scientific Industries Inc says bookings in q3 were $44.1 million, compared to $28.0 million in prior quarter.  Full Article

Electro Scientific Industries announces preliminary Q3 orders
Tuesday, 10 Jan 2017 07:00am EST 

Electro Scientific Industries Inc : Electro Scientific Industries Inc - Announcing that preliminary orders for its fiscal 2017 Q3 are expected to be $42-44 million .Electro Scientific Industries Inc - cash and investments at end of quarter are expected to be $54-$55 million..  Full Article

Electro Scientific announces new CEO
Friday, 19 Aug 2016 08:30am EDT 

Electro Scientific Industries Inc : Michael Burger, former CEO of Cascade Microtech will join as president and CEO of company . Burger will succeed Edward Grady on October 3, 2016 .Burger will also join board of directors on same date.  Full Article

Electro Scientific Industries says has sold $4.7 mln in equity financing
Tuesday, 16 Aug 2016 06:02am EDT 

Electro Scientific Industries Inc [ESIO.O] : Discloses in form d with U.S. SEC that the total offering amount was for $4.7 million .Says it has sold $4.7 million in equity financing - SEC filing.  Full Article

ESI sees Q2 2017 non-gaap loss per share $0.20 to $0.25
Tuesday, 2 Aug 2016 04:02pm EDT 

Electro Scientific Industries Inc : Esi announces first quarter fiscal 2017 results . Q1 gaap earnings per share $0.00 . Sees q2 2017 non-gaap loss per share $0.20 to $0.25 . Q1 non-gaap earnings per share $0.09 . Q1 revenue $47.7 million versus $43.1 million .Sees q2 2017 revenue $30 million to $35 million.  Full Article

ESI Scientific Q4 GAAP earnings per share $0.06
Tuesday, 10 May 2016 04:03pm EDT 

Electro Scientific Industries Inc Says On A Non : Q1 earnings per share view $0.04, revenue view $50.5 million -- Thomson Reuters I/B/E/S . Gaap basis q4 gross margin was 42.7% compared to 44.9% in prior quarter . Electro scientific industries inc says bookings in q4 were $55.6 million, compared to $52.6 million in prior quarter . Esi announces fourth quarter fiscal 2016 results . Q4 non-gaap earnings per share $0.11 . Q4 gaap earnings per share $0.06 . Q4 revenue $51.5 million versus $37.6 million . Sees q1 2017 non-gaap earnings per share $0.04 to $0.09 .Sees q1 2017 revenue $48 million to $53 million.  Full Article

Electro Scientific Industries, Inc Receives Order For Flagship Flex PCB Via Drilling System
Tuesday, 15 Mar 2016 04:05pm EDT 

Electro Scientific Industries, Inc:Says receipt of a multi-unit order for its GemStone flex PCB laser processing system from a leading manufacturer of flexible circuit boards.  Full Article