Nanometrics Incorporated (NANO) Releases Earnings Results, Beats Expectations By $0.10 EPS

Nanometrics Incorporated (NANO) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.16 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $0.06. The company posted revenue of $47.49 million in the period, compared to analysts expectations of $46.25 million. The company’s revenue was down -5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS.

Nanometrics Incorporated opened for trading at $15.31 and hit $15.831 on the upside on Friday, eventually ending the session at $15.65, with a gain of 1.43% or 0.22 points. The heightened volatility saw the trading volume jump to 95,862 shares. Company has a market cap of $380 M.

In a different news, on Apr 4, 2016, Kevin Heidrich (Senior VP, Marketing) sold 20,000 shares at $15.41 per share price. According to the SEC, on Jan 6, 2016, Stanislaw M. Borowicz (Senior VP, Sales) sold 526 shares at $14.75 per share price. On Aug 12, 2015, Timothy J Stultz (President & CEO) sold 11,111 shares at $14.53 per share price, according to the Form-4 filing with the securities and exchange commission.

Nanometrics Incorporated (Nanometrics) provides process control metrology and inspection systems used in the fabrication of integrated circuits high-brightness LEDs (HB-LED) discrete components and data storage devices. The Company’s automated and integrated systems address numerous process control applications including critical dimension and film thickness measurement device topography defect inspection and analysis of various other film properties such as optical electrical and material characteristics. The Company’s process control solutions are deployed throughout the fabrication process from front-end-of-line substrate manufacturing to high-volume production of semiconductors and other devices to advanced wafer-scale packaging applications. The Company offers a diverse line of process control and inspection products and technologies to address the manufacturing requirements of the semiconductor (and other solid state device) manufacturing industry.

Nanometrics Incorporated

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