United States

Electro Scientific Industries Inc (ESIO.O)

ESIO.O on Nasdaq

17 Feb 2017
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Fri, Feb 10 2017

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

BRIEF-Electro Scientific Industries announces Q2 gaap loss per share $0.30

* Revenues for q3 of fiscal 2017 are expected to be approximately flat with q2 levels

BRIEF-Ferro Corp says it acquired Electro-Science Laboratories for $75 mln

* Ferro corp - acquired electro-science laboratories inc; ferro paid $75 million for deal

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