Ultratech 1Q EPS of 8c tops Wall St. estimates

Date : 04/17/2008 @ 8:53AM
Source : TFN
Stock : Ultratech Inc (UTEK)
Quote : 13.42  -0.26 (-1.90%) @ 8:00PM
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Ultratech 1Q EPS of 8c tops Wall St. estimates

        LONDON (Thomson Financial) - Ultratech Inc. Thursday reported first-quarter
net income of $2 million, or 8 cents a share, compared with a net loss of $3.2
million, or 14 cents a share, in the same quarter a year ago.
    The mean estimate of analysts polled by Thomson Financial was for earnings
of 4 cents a share.
    The maker of photolithography equipment used in the manufacture of chip and
nanotechnology devices said sales rose to $31.1 million from $27.4 million.
    Ultratech shares closed at $11.04 Thursday.

   
mark.cotton@thomsonreuters.com
mc1/vj

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