- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
December 20th, 2006
Ultratech, Inc. (Nasdaq:UTEK) today updated financial guidance for the fourth quarter of fiscal year 2006, ending December 31, 2006. Full unaudited results will be reported on February 1, 2007.
Based upon softer business conditions, Ultratech has reduced its revenue and earnings forecast for the fourth quarter. Ultratech currently expects revenue to be down sequentially 25%-30% from the third quarter 2006 compared to earlier guidance of revenue being down sequentially 8%-10% as provided on October 19, 2006. The revenue shortfall is due primarily to delivery push-outs during the quarter reflecting the softer business conditions. To date, no orders for equipment have been cancelled. Earnings per share are expected to be in a range of ($0.25)-($0.30). This compares with earlier guidance of ($0.10)-($0.15).
|Related News Press|
Host-guest nanowires for efficient water splitting and solar energy storage February 7th, 2016
UTHealth research looks at nanotechnology to help prevent preterm birth February 7th, 2016
Lithium battery catalyst found to harm key soil microorganism February 7th, 2016
Arrowhead to Webcast Fiscal 2015 Year End Results December 7th, 2015
Haydale Announce Year End Results November 3rd, 2015
Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015