SAN JOSE, Calif.--NPTest Holding Corp., which is about to be acquired by Credence Systems Corp., Wednesday (April 28) said revenues for the first quarter were $58.6 million, up 7 percent from $55.0 million in the previous quarter.
Net loss for the San Jose-based ATE maker was $1.2 million, or $0.03 per share on a GAAP basis, versus a net loss attributable to common shareholders of $68.9 million in the fourth quarter 2003.
The net loss this quarter included special charges of $3.4 million associated with the acquisition of NPTest by NPTest Holding Corp. Net orders for the quarter were $91.4 million, up more than 75 percent from last quarter.
Meanwhile, Hillsboro, Ore.-based FEI Co. reported its second consecutive quarter of record sales in its first quarter of 2004. Net sales were $105.1 million for the first quarter ended April 4, compared with net sales of $97.7 million in the fourth quarter of 2003 and increased 23 percent compared with net sales of $85.4 million in the first quarter of 2003.
GAAP earnings for the first quarter of 2004 were $1.9 million or $0.06 per fully diluted share, within the company's guidance range announced in February, and compared with earnings of $3.3 million or $0.10 per fully diluted share in the fourth quarter of 2003 and $1.9 million or $0.06 per fully diluted share in the first quarter of 2003.
Vahe A. Sarkissian, chairman, president and chief executive of metrology-equipment maker FEI, painted a mixed picture. "The record first quarter revenue was aided by solid performance in the industry and institute markets which are driving nanotechnology research, as well as growth from the data storage market," he said in a statement. "Revenue from the semiconductor industry was down compared with the fourth quarter, but orders were strong from those customers, giving us five straight quarters of increasing orders from the semiconductor market."
FEI's net sales for Q2 are expected to be approximately level compared to the first quarter. GAAP earnings are anticipated to be in the range of $0.08 to $0.12 per share, basic and diluted.
Another metrology equipment supplier, Middlefield, Conn.-based Zygo Corp., posed net sales of $28.4 million for the third quarter of fiscal 2004 decreased by $0.6 million, or 2 percent, from the comparable prior year period of $29.0 million.
The company recorded net earnings of $0.3 million, or $0.02 per diluted share, for the third quarter of fiscal 2004 as compared with net earnings of $0.5 million, or $0.03 per diluted share, for the third quarter of fiscal 2003.