Asyst Technologies Reports Sales and Bookings for First Quarter of Fiscal 2007
Thursday August 3, 4:20 pm ET
FREMONT, Calif.--(BUSINESS WIRE)--Aug. 3, 2006--Asyst Technologies, Inc. (NASDAQ:ASYT - News), a leading provider of integrated automation solutions that enhance semiconductor and flat panel display manufacturing productivity, today reported sales and bookings for its fiscal first quarter ended June 30, 2006.
Consolidated net sales for the quarter were $117 million, up from $110 million in the prior sequential quarter. Net sales of tool and fab automation products at ATI were $51 million, which compares with $46 million in the prior sequential quarter. Net sales of Automated Material Handling Systems (AMHS) at Asyst Shinko, Inc. (ASI) were $66 million, which compares with $64 million in the prior sequential quarter.
Total bookings for the quarter were $173 million, up 12% from $154 million in the prior sequential quarter. Bookings at ATI were essentially flat with the prior sequential quarter at $55 million, but were up 75% from the same quarter a year ago. Bookings of two of the company's key new products, the Spartan(TM) sorter and Spartan EFEM (Equipment Front-End Module), collectively doubled quarter-over-quarter. Bookings at ASI increased 19% to $118 million, driven by continued strength in 300mm AMHS systems. The company's overall book-to-bill ratio was 1.48:1 and backlog was approximately $213 million.
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