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Technology Stocks : PRI Automation (PRIA)

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To: orkrious who wrote (485)7/23/1998 5:14:00 PM
From: Paul Getman  Read Replies (1) of 1214
 
PRI's operating loss is a little worse than expected, (0.16); I/B/E/S had an estimate of (0.14).

BILLERICA, Mass.--(BUSINESS WIRE)--July 23, 1998--PRI Automation Inc. (NASDAQ:PRIA), a leading supplier of
factory automation systems to the semiconductor industry, today reported financial results for the third quarter of fiscal 1998.

Revenue for the quarter was $38.3 million, compared with $56.2 million for the third quarter of fiscal 1997, a decline of
31.8%. Excluding special charges, the company reported a net loss of $3.2 million, or ($0.16) per share on a diluted basis.
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