Key Developments For BTU International Inc
BTU International Inc (BTUI.O) (Consolidated Issue listed on NASDAQ Global Market)
BTU International, Inc. Receives Order For Nuclear Fuel Sintering System
BTU International, Inc. announced that it has received a repeat order for a high-volume nuclear fuel sintering system. The $3.4 million system, which uses BTU's Walking Beam technology, was ordered by a long-standing customer and will be used in the manufacturing of uranium oxide fuel. The system will be shipping to the customer's manufacturing facility in Europe in mid 2010.
BTU International, Inc. Receives Multiple Orders For Its New Tritan Metallization System
BTU International, Inc. announced that it has received multiple orders for its new Tritan metallization drying and firing system. The orders come from a diverse group of customers including Asia based manufacturers and a photovoltaics research institute. The orders are expected to ship in the third and fourth quarter of this year.
BTU International, Inc. Names Peter J. Tallian As Chief Financial Officer
BTU International, Inc. announced the appointment of Peter J. Tallian as Chief Financial Officer.
BTU International, Inc. Announces $2 Million Order For Thin Film Solar Equipment
BTU International, Inc. announced the receipt of an order from a new, major, thin film solar customer. The order, exceeding two million dollars in value, calls for the delivery of multiple BTU in-line thermal processing systems that will enable high-volume production of thin film solar panels.
BTU International, Inc. Comments On Q1, H2 2009 Earnings Guidance; Issues Q2 2009 Earnings Guidance Below Analysts' Estimates
BTU International, Inc. announced its electronics business could be down by over 50% in fiscal 2009, impacting top line and bottom line performance with losses expected in the first two quarters of 2009. As the Company's alternative energy business grows, it expects to become profitable in the second half of 2009. According to Reuters Estimates, analysts were expecting the Company to report net profit of (0.46) million, 0.22 million, 0.99 million and 1.25 million for the first, second, third and fourth quarter of 2009 respectively.
