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Politics : Formerly About Applied Materials

AMAT 256.41

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Dec 19 9:30 AM EST

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To: StanX Long who wrote (59838)	2/1/2002 2:02:46 AM
From: StanX Long	Read Replies (1) of 70976

ATMI sees pick-up at end of Q4 to push sales 4% higher Semiconductor Business News (01/31/02 11:21 a.m. EST) siliconstrategies.com DANBURY, Conn.--Semiconductor materials and services supplier ATMI Inc. reported a 4% sequential increase in revenues to $41.4 million in the fourth quarter compared to $39.7 million in Q3. ATMI's sales were 52% lower than $86.8 million in Q4 of 2000. The company's net loss for the fourth quarter was $4.6 million, or $0.15 per share, compared to a net income of $10.6 million, or $0.35 per chare, in the period a year ago. "During the fourth quarter, our materials business was up 4% sequentially to $22.7 million from $21.8 million in the third quarter," said Dan Sharkey, chief financial officer of ATMI. "Our technologies product line revenue increased 4.5% sequentially to $18.7 million in the fourth quarter from $17.9 million in the third quarter. "During this difficult year, we have removed nearly $30 million of annualized expenses and enhanced our balance sheet so that we are poised to take full advantage of the nascent industry upturn," added the CFO.

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