Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: StanX Long who wrote (62926)	4/18/2002 2:29:47 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Ultratech sales slip 8% from prior quarter; loss remains at $2.4 million Semiconductor Business News (04/17/02 12:33 p.m. EST) siliconstrategies.com SAN JOSE -- Ultratech Stepper Inc. today reported net sales sequentially dropped 8% to $19.8 million in the first quarter, compared to $21.5 million in Q4 of 2002. The lithography and semiconductor equipment supplier said its Q1 net sales were 55% below $44.2 million in the first quarter last year. San Jose-based Ultratech posted a net loss of $2.4 million in the quarter, ended March 31, compared to a net income of $5.6 million in the same period last year and a net loss of $2.4 million in the fourth quarter of 2001. "Ultratech saw increased quote and order activity during the first quarter, especially in bump processing, one of our targeted markets," said Arthur W. Zafiropoulo, chairman and chief executive officer of the company. "We are hearing news of greater fab utilization, however, our customers are still conservative in their capital spending and we believe the industry will continue to be challenged in the near term."