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

To: Donald Wennerstrom who wrote (52722)	7/11/2011 4:25:24 PM
From: Sam	2 Recommendations Read Replies (3) \| Respond to of 95622

4:09 PM Novellus Slips: Q2 Rev Misses; Bookings Down 25% Posted by Tiernan Ray Jul 11, 2011 blogs.barrons.com Chip equipment maker Novellus Systems (NVLS) this afternoon reported Q2 revenue below analysts’ estimates but beat on the bottom line. Revenue in the three months ended in June fell 15.2% to $350.2 million, yielding EPS of 79 cents. Analysts on average had been expecting $352 million and 76 cents EPS. Bookings dropped 25%, the company said, from Q1's level, to $312 million. Shipments fell 5%. to $376.9 million. Novellus shares are up 33 cents, almost 1%, at $36.10 down 52 cents, or 1.5%, at $35.25 in late trading. Novellus will hold a conference call with analysts at 4:30 pm, Eastern, and you can catch it here.