Electronics Business Journal
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Nanometrics Reports First Quarter Financial Results
May 20th, 2009
Nanometrics Incorporated (Nasdaq: NANO), a leading supplier of advanced process control metrology systems used primarily in the manufacturing of semiconductors, solar photovoltaics and high-brightness LEDs, announced financial results for its first quarter ended March 28, 2009.
Commenting on the first quarter results, president and chief executive officer Dr. Timothy J. Stultz said, "Severe reductions in semiconductor capital equipment spending resulted in a sharp decline in our quarterly revenues. However, our service and upgrade business, as well as our product sales into the high-brightness LEDs and solar photovoltaics markets, have showed continued strength and...
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Source: Electronics Business Journal (2009-05-20)