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To: advocatedevil who wrote (5078)4/14/2003 4:15:13 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: NVLS beat by one cent with better than expected revenues from what I can tell so far.

16:09 ET NVLS Novellus beats by a penny (27.37 +0.72) Reports Q1 (Mar) earnings of $0.08 per share, $0.01 better than the Multex consensus of $0.07; revenues rose 9.6% year/year to $238.4 mln vs the $234.2 mln consensus; shipments of $235.2 mln in Q1 represent an increase of $44.2 million or 23.1% compared to Q4 of 2002. Deferred revenue at the end Q1 was $127.0 million, a decrease of $3.1 mln or 2.4 % from $130.1 mln at the end of Q4 of 2002

I'm waiting on guidance but this does not help our particular positions at this time. NVLS is not exactly bolting higher after hours. Very steady trading so far. Waiting on guidance.

RtS