SAN JOSE, Calif. FEI Co. said sales for the quarter ended July 1 were $148.6 million, up slightly compared to the first quarter of 2007 and up 33 percent compared to the second quarter of 2006.
Bookings in the quarter totaled $136.2 million, compared with $152.6 million in the first quarter of 2007 and $132.5 million in the second quarter of 2006.
Net income was $14 million in the quarter, compared to $15.1 million in the previous quarter and $4.1 million a year ago.
''We continued our growth with another record revenue total in the second quarter,'' said Don Kania, president and CEO of FEI, in a statement.
''Bookings were seasonally down from the first quarter,'' he said in a statement. ''They were the highest second-quarter total in the company's history, and we expect improvement in the second half of the year, similar to the pattern we saw in 2006.''
FEI currently expects net sales for the seasonally slower third quarter of 2007 to be in the range of $142 million to $147 million. Bookings are expected to improve from the second quarter and be above $150 million, and earnings per share are expected to be in the range of $0.26 to $0.30 per share, assuming a 24 percent tax rate.