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Technology Stocks : Rudolph Technologies Inc-(RTEC)

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To: Road Walker who wrote (18)	4/30/2001 7:01:36 PM
From: Proud_Infidel	of 106

Rudolph Technologies sees 2001 revenues, earns up FLANDERS, N.J., April 30 (Reuters) - Rudolph Technologies, Inc. (NasdaqNM:RTEC - news), a developer of systems used to build semiconductors, on Monday reported its first-quarter income rose on strong sales and it forecast second-quarter and 2001 revenues ahead of results posted a year earlier. Rudolph Technologies reported net income of $6.1 million, or 38 cents per diluted share, compared with $700,000 or 4 cents per diluted share, a year earlier. Quarterly revenue increased 93 percent to $30.6 million, compared with $15.8 million posted a year earlier, driven by higher unit volume shipments and expanded sales of its 300 millimeter and copper products. The company said it sees second-quarter revenue at about 10 percent to 20 percent ahead of the $19.9 million posted a year earlier. It also forecasts 2001 revenue will be 5 percent to 10 percent above the $88.1 million posted a year earlier. The company expects 2001 earnings will increase ``at least proportionally to revenue growth.'' Rudolph shares closed down $1.49 or 3 percent at $48.09 on the Nasdaq.

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