Xcerra Corp (XCRA) Releases Earnings Results, Beats Expectations By $0.01 EPS

Xcerra Corp (XCRA) announced its most recent quarterly financial results on Thursday, Dec-1-2016. XCRA said it had a profit of $0.01 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.00. The company posted revenue of $80.09 million in the period, compared to analysts expectations of $82.04 million. XCRA’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.01 EPS.

Xcerra Corp closed down -0.04 points or -0.61% at $6.55 with 1,89,771 shares getting traded on Tuesday. Post opening the session at $6.63, the shares hit an intraday low of $6.54 and an intraday high of $6.65 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Jun 10, 2016, Pascal Ronde (Sr.VP, Global Customer Team) sold 30,000 shares at $6.62 per share price. According to the SEC, on Jan 19, 2016, David G Tacelli (CEO) purchased 30,000 shares at $5.17 per share price. On Jan 11, 2016, Mark J Gallenberger (CFO) purchased 15,000 shares at $5.20 per share price, according to the Form-4 filing with the securities and exchange commission.

Xcerra Corporation formerly LTX-Credence Corporation is engaged in providing test and handling capital equipment interface products test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test Semiconductor Handlers Contactors Printed Circuit Board (PCB) Test Probes/Pins and Fixtures. The Company operates in the semiconductor and electronics manufacturing test markets through its atg-Luther & Maelzer Everett Charles Technologies (ECT) LTX-Credence and Multitest businesses. ECT business designs and manufactures equipment and consumables that are used in the testing of bare and loaded PCBs. ECT which operates under the brand names atg-Luther & Maelzer and Everett Charles Technologies offers a line of PCB testing solutions. Its Multitest business designs and manufactures products used in the testing of integrated circuits including test handlers and test contactors.

Xcerra Corp

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