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Technology Stocks : Earnings: Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (33)	7/28/2001 2:37:05 PM
From: SusieQ1065	Respond to of 266

POWI ($17-$22) P/E 33 Earns 2 Cents vs. B/E consensus, Says is beginning to see business stabilize. Thursday July 19, 4:50 pm Eastern Time Power Integrators 2nd-quarter profit sinks SAN JOSE, Calif., July 19 (Reuters) - Power Integrations Inc. (NasdaqNM:POWI - news), which makes microchips for use in power conversion, tumbled 87 percent to $670,000 in the second quarter, but said it has begun to see its business stabilize during a demand drought that has hit the chip industry. The company said it earned $670,000, or 2 cents per share, in the second quarter ended June 30, compared to a profit of $5.2 million, or 18 cents, a year ago. Net revenues fell to $21.2 million from $29.0 million in the second quarter of 2000. Analysts on average had expected Power Integrators to post break-even results in the June quarter, according to research firm Thomson Financial/First Call. For the third quarter, the company said it expects revenues to be flat or fall as much as 4 percent from the second quarter. Citing lowered production volume and competitive pricing, the company said it is planning for third quarter earnings of between 2 cents and 3 cents per share.

To: 2MAR$ who wrote (33)	7/28/2001 3:37:42 PM
From: SusieQ1065	Read Replies (1) \| Respond to of 266

NVLS ($46-$43-$51) P/E 27 Beat by 1 Cent,Income fell 24%..``There is significant uncertainty in the semiconductor industry at this time as both end-user markets in computers and telecommunications remain weak.'' Monday July 16, 5:07 pm Eastern Time SmartMoney.com - Market Analysis Novellus Posts 24% Drop in Profit But Tops Estimate Semiconductor-equipment maker Novellus Systems (NVLS) on Monday reported second-quarter net income that fell 24 percent, at the high end of estimates, in the face of the chip industry's worst-ever chip slump. For the period ended June 30, the San Jose, California-based company said net income declined to $59.2 million, or 40 cents a share, compared with $78.2 million, or 54 cents, in the year-ago quarter. Sales rose 3.6% to $376.9 million from $364 million. The results were at the top of the net income range of 35 cents to 40 cents a share, and beat the mean estimate of 39 cents, according to Thomson Financial/First Call. ``The second-quarter results continue to reflect the reduction of capital spending by semiconductor manufacturers,'' said Chief Executive Richard Hill in a statement. ``There is significant uncertainty in the semiconductor industry at this time as both end-user markets in computers and telecommunications remain weak.'' Shares of Novellus fell $3.61, or 7.2%, to $46.37 on the Nasdaq Stock Market. The stock is up 29% this year, along with shares of other chip-equipment makers, whose customers still need to buy next-generation gear to product microchips despite weak demand.