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Technology Stocks : Verigy, Ltd. (VRGY)

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To: Kirk © who wrote (11)	11/19/2009 5:14:25 PM
From: Kirk ©	of 22

4:09PM Verigy beats by $0.08, reports revs in-line; guides Q1 EPS above consensus, revs in-line (VRGY) 9.00 -0.40 : Reports Q4 (Oct) loss of $0.12 per share, $0.08 better than the First Call consensus of ($0.20); revenues fell 35.3% year/year to $97 mln vs the $96.4 mln consensus. Co issues mixed guidance for Q1, sees EPS of ($0.09)-($0.02) vs. ($0.14) consensus; sees Q1 revs of $105-115 mln vs. $105.60 mln consensus. "While we are coming off a low base, we are encouraged by the improved demand that we are seeing from customers with revenue increasing for the third consecutive quarter," said Bob Nikl, Verigy's chief financial officer. "As we enter the new fiscal year, we can expect improvements in our operating leverage as a result of the significant benefits from our restructuring programs."

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