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.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (39819)	8/7/2008 8:21:37 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95632

August 7, 2008, 6:00 pm Brooks 3Q Misses, 4Q Forecast Light, Touts Solar Biz Posted by Tiernan Ray Half-a-billion-dollar (market cap) semiconductor equipment maker Brooks Automation (BRKS) this evening reported results for the fiscal third quarter ended June 30 that missed on the top and bottom line, and provided a lighter-than-expected outlook for profit and sales in the current quarter, but it also mentioned the prospect of rising revenue from solar-power manufacturers. Revenue in 3Q of $124 million was down 35%, year-over-year, and missed the average estimate of $132 million by a mile. The company’s net loss per share, excluding one-time charges, came in at 12 cents, well below the 4-cent average estimate. For the fourth quarter, the company expects revenue in a range of $110 million to $125 million, and a net loss in a range of -$0.15 per share to -$0.05 per share, compared to expectations for $133.8 million and break-even. In the company’s press release, president and CEO Robert Lepofsky said, “Today approximately 15% of our revenues come from customers outside of the semiconductor industry and we see that number increasing in the future. We expect [to] increase our penetration in the data storage, analytical instrument and solar sectors. At the present time we are particularly pleased with the pace of implementation of Brooks’ vacuum solutions by both established and emerging companies in the growing solar cell industry.” Brooks shares, perhaps cheered by solar prospects, are up 13 cents, or 1.55%, at $8.50 in after-hours trading, after falling a little less than 1% during the regular session. blogs.barrons.com