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Strategies & Market Trends : Guidance and Visibility
AAPL 259.35+0.1%Jan 9 9:30 AM EST

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To: stevenallen who wrote (76175)10/4/2002 7:29:45 AM
From: SusieQ1065  Read Replies (2) of 208838
 
7:23am 10/04/02
DuPont Photomasks warns of Q1 earns, rev. miss (DPMI) By Tomi Kilgore
DuPont Photomasks (DPMI) warned that fiscal first quarter losses would be greater than expected and revenue would fall short of forecasts due to the "lingering effects" of the semiconductor industry downturn. The provider of chip-making technology now expects to lose 30 to 32 cents and record revenue of $84 million for the quarter ending September, while analysts surveyed by Thomson First Call had been forecasting a loss of 7 cents a share and revenue of $90.6 million, on average. "The semiconductor industry continues to suffer the effects of the most severe and prolonged downturn in recent memory," said Peter Kirlin, the company's chairman and chief executive. The stock closed Thursday down 94 cents at $22.16.
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