United States

Electro Scientific Industries Inc (ESIO.O)

ESIO.O on Nasdaq

24 May 2017
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Tue, May 9 2017

BRIEF-ESI reports Q4 GAAP loss per share $0.54

* ESI announces fourth quarter and full year fiscal 2017 results

BRIEF-Electro Scientific Industries announces corporate restructuring

* Financial impact of actions is expected to reduce company's cost structure by $10 to $12 million on an annualized basis

BRIEF-Electro Scientific Industries unit entered into a loan agreement

* Loan agreement provides for a term loan from lender to ESI leasing in principal amount of $14 million Source text for Eikon: Further company coverage:

BRIEF-Electro Scientific Industries announces preliminary Q3 orders

* Electro Scientific Industries Inc - Announcing that preliminary orders for its fiscal 2017 Q3 are expected to be $42-44 million

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