Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 327.01

+2.5%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StanX Long who wrote (60398)	2/13/2002 12:47:55 AM
From: StanX Long	Read Replies (1) of 70976

Trikon sees pickup in tool orders, but posts Q4 loss and lower sales Semiconductor Business News (02/12/02 08:03 a.m. EST) siliconstrategies.com NEWPORT, Wales -- Semiconductor equipment supplier Trikon Technologies Inc. today reported a 39% sequential drop in revenues to $12.0 million in the fourth quarter of 2001 compared to $19.7 million in Q3. Trikon's sales were 65% below $34.1 million in the fourth quarter 2000. The supplier of deposition and etch tools posted a net loss of $249,000 in the fourth quarter of 2001 vs. a net income of $7.7 million in Q4 of 2000. In the Q3 period, Trikon reported a net income of $894,000. "Equipment orders were scarce throughout the industry and the resultant lower run rate recently has depressed gross margins," said Nigel Wheeler, president and chief executive officer of the Newport-based company. "Whilst order levels remain low at this time, they did pick up in the fourth quarter with a net book-to-bill ratio of 0.66:1. We also took further action to cut costs during the fourth quarter, on top of the previously announced reductions, which resulted in an additional reduction of $380,000 in the expenses run rate."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next