4:45PM Novellus comments on 2H03 prospects (NVLS) 32.17 +1.10: -- Update -- On call, NVLS says it expects a stronger 2H03, but admits visibility remains uncertain... NVLS is lower by $0.49 in the after hours session, bringing its price to $31.68.
4:43PM Novellus seeing a large impact from SARS (NVLS) 32.17 +1.10: -- Update -- On mid-quarter call, NVLS says it has experienced operational difficulties in Japan, Southeast Asia, and China as a result of SARS... Management adds that bookings in Southeast Asia are underperforming, whereas bookings in Japan are above forecasts.
4:39PM Novellus maintains Q2 guidance (NVLS) 32.17 +1.10: -- Update -- On call, NVLS reaffirms its prior Q2 (June) outlook, which was EPS of $0.05, revenues of $238 mln, shipments of $215 mln, and bookings of $188 mln... Reuters Research consensus estimate for EPS is $0.05, and for revenues is $237.4 mln. |
