Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > FEI Company Sees Another Strong Bookings Quarter

Abstract:
FEI Company (Nasdaq:FEIC), a leading provider of high-resolution imaging and analysis systems, today announced that, based on preliminary results, its gross bookings for the fourth quarter of 2008 are projected to be above $170 million.

FEI Company Sees Another Strong Bookings Quarter

Hillsboro, OR | Posted on January 5th, 2009

On October 26, the company announced during its public investor conference call that it expected gross bookings to be above $150 million, assuming foreign currency exchange rates stayed at the same level as the end of the third quarter, when the euro/dollar exchange rate was $1.46. The actual exchange rate at the end of the fourth quarter was $1.39.

Preliminary bookings results are subject to completion of standard review and documentation of all customer purchase orders. Gross bookings will also be reduced by approximately 5% to 8% due to the normal quarterly revaluation of the company's backlog.

"Our strong bookings performance in a difficult economic environment is based on our technology leadership and the diversity of our markets and geographic scope," commented Don Kania, FEI's president and CEO. "Life Sciences bookings were paced by several orders for our Titan Krios S/TEM from leading research institutions around the globe, and our Research bookings remained robust, offsetting industry-wide weakness in semiconductor and data storage markets. Our strong fourth-quarter bookings follow our record third quarter total and reaffirm the visibility we have for our performance in the first half of 2009."

For comparison purposes, net bookings in the third quarter of 2008 were $175.3 million, and net bookings in the fourth quarter of 2007 were $156.3 million.

FEI expects to report full financial results for the fourth quarter of 2008 on Thursday, February 5, at the close of regular trading.

####

About FEI Company
FEI (Nasdaq:FEIC) is the world leader in pioneering technologies and applications that deliver imaging solutions for 3D characterization, analysis and modification/prototyping with resolutions down to the sub-Ångström level. Our customers, working in advanced research and manufacturing, are supported by field-experienced applications specialists. They have open access to FEI’s prestigious global user network so they can succeed in accelerating nanoscale discovery and contribute to better living through new product commercialization. FEI’s NanoPorts in North America, Europe and Asia provide centers of technical excellence where our world-class community of customers and specialists collaborate on the ongoing development of new ideas and innovative solutions. FEI has sales and service operations in more than 50 countries around the world.

FEI Safe Harbor Statement

This press release contains forward-looking statements about FEI’s bookings results in the fourth quarter of 2008 and the expected impact of the backlog of unfilled orders on 2009 results. Factors that could affect these forward-looking statements include, but are not limited to, inability to complete required documentation to complete bookings, customer decisions to change or cancel orders, and inability to ship products due to technical difficulties, parts availability or other manufacturing difficulties. Please also refer to the company's Form 10-K, Forms 10-Q, Forms 8-K and other filings with the U.S. Securities and Exchange Commission for additional information on these and other factors that could cause actual results to differ materially from the forward-looking statements. FEI assumes no duty to update any forward-looking statements.

The FEI logo is a trademark of FEI Company.

For more information, please click here

Contacts:
FEI Company
Fletcher Chamberlin
Investor Relations
+1-503-726-7710

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

New research project supports internationalisation in nano-research: Launch of new “Baltic Sea Network” November 22nd, 2014

3rd Iran-Proposed Nano Standard Approved by International Standard Organization November 22nd, 2014

NMTI announces breakthrough solutions for HAMR nanoantenna for next-generation ultra-high density magnetic storage November 21st, 2014

Canatu Launches CNB In-Mold Film for Transparent Touch on 3D Surfaces –in Cars, Household Appliances, Wearables, Portables November 20th, 2014

Imaging

Leica Microsystems Presents Universal Hybrid Detector for Single Molecule Detection and Imaging at SfN and ASCB: Leica HyD SMD - the Optimal Detector for Precise and Reliable SMD data November 20th, 2014

NRL Scientists Discover Novel Metamaterial Properties within Hexagonal Boron Nitride November 20th, 2014

Spectral Surface Mapping with Microscopic Resolution: CRAIC Technologies introduces Spectral Surface Mapping™ (S2M™) software November 18th, 2014

Two sensors in one: Nanoparticles that enable both MRI and fluorescent imaging could monitor cancer, other diseases November 18th, 2014

Announcements

New research project supports internationalisation in nano-research: Launch of new “Baltic Sea Network” November 22nd, 2014

3rd Iran-Proposed Nano Standard Approved by International Standard Organization November 22nd, 2014

NMTI announces breakthrough solutions for HAMR nanoantenna for next-generation ultra-high density magnetic storage November 21st, 2014

Nano Sorbents Able to Remove Pollutions Caused by Oil Derivatives November 20th, 2014

Tools

Leica Microsystems Presents Universal Hybrid Detector for Single Molecule Detection and Imaging at SfN and ASCB: Leica HyD SMD - the Optimal Detector for Precise and Reliable SMD data November 20th, 2014

Nanometrics Announces Upcoming Investor Events November 19th, 2014

Two sensors in one: Nanoparticles that enable both MRI and fluorescent imaging could monitor cancer, other diseases November 18th, 2014

Field-emission plug-and-play solution for microwave electron guns: To simplify the electron emission mechanism involved in microwave electron guns, a team of researchers has created and demonstrated a field-emission plug-and-play solution based on ultrananocrystalline diamond November 18th, 2014

Financial Reports

Harris & Harris Group Reports Financial Statements as of September 30, 2014 November 11th, 2014

Harris & Harris Group to Host Conference Call on Third Quarter 2014 Financial Results on November 12, 2014 November 3rd, 2014

Aspen Aerogels, Inc. Schedules Third Quarter 2014 Earnings Release and Conference Call for November 6, 2014 October 17th, 2014

Nanometrics to Announce Third Quarter Financial Results on October 28, 2014 October 8th, 2014

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More












ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE