United Business Media EE Times


Search

HOMEMARKET INTELLIGENCE UNITFORUMSDESIGNNEW PRODUCTSCAREERSBLOGSCONTACTEVENTSSIGN UP!RSSMost Popular contentTrusted Sources

 


Verigy sales jump, posts loss
Print this article Email this article Reprints RSS Digital Edition

EE Times


SAN JOSE, Calif. -- ATE vendor Verigy Ltd. said revenue for the third quarter was $87 million, an increase of 23 percent from the prior quarter, and a decrease of 51 percent from the prior year period.

Net loss for the third quarter was $21 million, or minus $0.35 per share, compared to a net loss of $30 million, or minus $0.52 per share, last quarter, and net income of $18 million, or $0.29 per share, in the prior year period.

The results for the third quarter included approximately $7 million of charges related to the company's restructuring and manufacturing transition actions, charges related to the company's acquisition of Touchdown Technologies, and an impairment charge for an auction rate security.

As reported, Verigy (Cupertino, Calif.) entered the probe card business. It has quietly completed the acquisition of Touchdown Technologies. Incorporated in 1996, Touchdown designs and manufactures probe cards

For the fourth quarter ending October 31, 2009, the company said revenue is expected to be in the range of $90 million to $100 million. Loss per share on a GAAP basis is expected to be in the range of minus $0.32 to minus $0.24.



Related Links:

  • Verigy enters probe card market
  • Fab tool book-to-bill moves above parity



  •   Free Subscription to EE Times
    First Name Last Name
    Company Name Title
    Email address
      Click here for your Free Subscription to EETimes Europe
     
    CAREER CENTER
    Looking for a new job?
    SEARCH JOBS
    SPONSOR

    RECENT JOB POSTINGS
    CAREER NEWS
    SRC Expands R&D Centers
    The Semiconductor Research Corp has added a new center to its university R&D efforts.

    For more great jobs, career related news, features and services, please visit EETimes' Career Center.


    All White Papers »   

     
    Education and
    Learning


    Learn Now:












    Home | About | Editorial Calendar | Feedback | Subscriptions | Newsletter | Media Kit | Contact | Reprints|  RSS|   Digital|  Mobile
    Network Websites
    International
    Network Features




    All materials on this site Copyright © 2009 TechInsights, a Division of United Business Media LLC All rights reserved.
    Privacy Statement | Terms of Service | About