LTX Credence Corp. (LTXC) Message Board

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Technology Stocks : LTX Credence Corp. (LTXC)

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To: jimpit who wrote (1)	2/25/2010 3:47:49 PM
From: Investor2	Read Replies (1) of 4

9:10AM LTX-Credence beats by $0.02, beats on revs; guides Q3 EPS and revs above consensus (LTXC) 2.72 - Reports Q2 (Jan) earnings of $0.03 per share, excluding non-recurring items, $0.02 better than the First Call consensus of $0.01; - revenues rose 57.9% year/year to $48 mln vs the $47.3 mln consensus. - Co issues upside guidance for Q3, sees EPS of $0.04-0.05, excluding non-recurring items, vs. $0.03 consensus; - sees Q3 revs of $53-55 mln vs. $52.54 mln consensus. "We returned to profitability and generated positive net cash in the second fiscal quarter, two important milestones for the Company. The business model is performing as expected, and our focus continues to be about growing top line revenue. We saw strong growth in several key market areas, indicating to us that the aggressive growth strategies we have in place are starting to pay off. Since hitting the industry trough last year, our product revenues have recovered faster than the competition resulting in market share gains." finance.yahoo.com

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