Fremont, CA--May 15, 1996--Credence Systems Corp. (Fremont, CA) reported record results for its second quarter ended April 30, 1996 with net sales of $66.5M compared to $6.8M for the comparable period last year. Earnings were $0.52 per share, up from $0.33 per share for the prior year's second quarter.
For the first six months of fiscal 1996, net sales were $127.4M, compared to $77.2M for the same period a year ago, a 65 percent increase. Net income for the six-month period rose 71 percent to $21.9M, $1.00 per share, compared to $12.8M, $0.63 per share, for the same period last year.
Credence Systems Corp. is a manufacturer of automatic test equipment (ATE) that serves a broad spectrum of the worldwide semiconductor industry's testing needs. Credence offers a wide range of products with test capabilities for digital, mixed-signal, and non-volatile memory semiconductor devices. Credence is listed on the Nasdaq National Market under the symbol CMOS and can be found on the World Wide Web at http://www.careermosaic.com/cm/credence/.
Credence Systems Corp.
42808 Christy Street
Fremont, CA 94538
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