Key Developments For Electro Scientific Industries, Inc.
Electro Scientific Industries, Inc. (ESIO.O) (Nasdaq)
Electro Scientific Industries, Inc. Issues Q3 2010 Outlook In Line With Analysts' Estimates
Electro Scientific Industries, Inc. announced that for the third quarter of 2010, it expects revenues to be between $32 and $37 million and a non-GAAP loss per share of $0.08 to $0.13 excluding the impact of purchase accounting, equity compensation, restructuring costs, and non-recurring items. According to Reuters Estimates, analysts on an average are expecting the Company to report loss per share of $0.13 on revenue of $32 million for the same period.
Electro Scientific Industries, Inc. Issues Q2 2010 Outlook Above Analysts' Estimates
Electro Scientific Industries, Inc. announced that for second quarter of 2010, it expects revenues to be between $25-$30 million and a non-GAAP loss per share of $0.15-$0.20 excluding the impact of purchase accounting, equity compensation, restructuring costs, and non-recurring items. According to Reuters Estimates, analysts were expecting the Company to report revenues of $22 million and loss per share of $0.26 for the same period.
Electro Scientific Industries, Inc. Purchases The Intellectual Property Rights From XSiL Ltd.
Electro Scientific Industries, Inc. announced that it has purchased all intellectual property (IP) rights and certain hardware and software components from XSiL Ltd., based in Dublin, Ireland. Based on robust technology, and supported by significant IP including a substantial patent portfolio, XSiL provided high-yield process solutions that improved die break strength and throughput for semiconductor wafer singulation applications. The agreement became effective during ESI`s fiscal 2009 fourth quarter, enabling the Company to develop advanced thin wafer laser dicing systems by integrating XSiL`s leading IP into its Cignis semiconductor processing platform. The financial details of the acquisition were not disclosed.
Electro Scientific Industries, Inc. Issues Q1 2010 Guidance Below Analysts' Estimates
Electro Scientific Industries, Inc. announced that for first quarter of 2010, it expects revenue to be about the same as the fourth quarter and a non-GAAP loss per share of between $0.25 and $0.30 excluding the impact of purchase accounting, equity compensation, restructuring costs, and non-recurring items. The Company reported revenues of $18.1 million in fourth quarter of 2009. According to Reuters Estimates, analysts were expecting the Company to report revenue of $22.25 million and EPS of $(0.22) for the same period.
Electro Scientific Industries, Inc. Launches the Model 6680 Ceramic Component Visual Test System
Electro Scientific Industries, Inc. announced that it has introduced its Model 6680 Visual Test System for two- and three-dimension inspection of ceramic components.
