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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: KLINVESTOR who wrote (33888)	1/22/2000 10:15:00 AM
From: Proud_Infidel	Respond to of 70976

Brooks Automation says it will exceed expectations for first quarter Semiconductor Business News (01/21/00, 01:16:39 PM EDT) CHELMSFORD, Mass. -- Brooks Automation Inc. here said today that it expects results for its first quarter of fiscal 2000, ended Dec. 31, 1999, to exceed the current analysts consensus of 6 cents per share, excluding amortization of goodwill associated with recent acquisitions. "Our results for the first quarter are going to be better than the First Call consensus,"proclaimed Robert J. Therrien, president and CEO of Brooks Automation. "Revenue will be just above $50 million, which is greater than the $40 million to $42 million previously expected," he said. This is based on several factors, according to Therrien : the strength of module and system shipments to OEMs, better than expected results in the Infab subsidiary, and a significant new software customer. Coupled with expenses growing less rapidly than revenue, first quarter earnings (excluding amortization of goodwill) will be in the range of 23 to 25 cents -- "emphasizing the operating leverage the business is capable of," Therrien said. The Brooks executive also said he was pleased with the progress of integrating and assimilating recent acquisitions. Brooks wrapped the acquisition of AutoSimulations Inc. and AutoSoft Inc. nearly two weeks ago (see Jan. 11 story ). During the past year, the fab automation supplier also snapped up Smart Machines Inc. and the Infab division of Jenoptik AG. "We have hosted our first combined users conference, held our first world-wide combined sales force meeting, held an OEM strategy/technical roadmap session, made management changes where necessary, and see opportunities for synergies," added Therrien.