Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Pogeu Mahone who wrote (261575)	9/24/2003 8:57:22 AM
From: orkrious	of 436258

this should get amat up $2. it can't get any worse 08:51 ET NEWP Newport guides below consensus (17.83) Company guides below consensus for Q3 (Sep), now sees a loss of $0.05-0.08 on revenues of $31-33 mln, consensus $37 mln. Previous guidance called for earnings of a loss of $0.02 to a $0.02 profit and revenues of $36-39 mln. NEWP cites three reasons for shortfall: 1) company's largest original equip manufacturer delayed launch of product for which NEWP provides product design and engineering collaboration; 2) delays in orders from back-end semiconductor customers; and 3) "Lower- than-expected orders from one of the company's largest front-end semiconductor customers, which were expected to be booked and shipped during the third quarter, caused an additional $1.5 million reduction in sales and orders for the quarter".

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