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


To: Proud_Infidel who wrote (29638)4/20/1999 5:33:00 PM
From: Jeffrey D  Respond to of 70976
 
HELX reports earnings. 32% increase this quarter from last quarter. Jeff

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Headline: Helix Reports First Quarter Earnings

MANSFIELD, Mass.--(BUSINESS WIRE)--April 20, 1999-- Helix Technology Corporation (Nasdaq symbol:HELX) today announced net income for the first quarter ended April 2, 1999, of $1.3 million, or $0.06 per diluted share, compared with net income of $1.9 million for the first quarter of 1998, or $0.08 per diluted share. Sales for the first quarter of 1999 were $25.9 million compared with $31.5 million a year ago.
Commenting on first quarter results, Helix President, Robert J. Lepofsky, said, "Revenues in the first quarter of 1999 were 32% higher than in the fourth quarter of 1998 and earnings were sharply higher. We continue to benefit from the combination of improving market conditions in the global semiconductor capital equipment market and excellent customer acceptance of our expanding range of product and service solutions. Clearly, the actions we took last year and the investments we have been making in product and market development activities are having a positive impact on our financial performance. Entering the second quarter, order bookings continue strong across each of our Product Centers."

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