in this issue
Markets :: Specialty Chemicals :: Electronic chemicals
Cabot Micro earnings rise but miss estimates
April 25, 2013 | Vincent Valk
Cabot Microelectronics net income rose 70.9% year-on-year (YOY) to $9.4 million, or 40 cts/share, on revenues up 1.1%, to $100.4 million. Higher revenue from the dielectrics and copper and chemical mechanical planarization (CMP) slurry businesses drove the increase in sales, while higher profit margins led to a rise in net income. Revenue from all other businesses declined, the company says, due to weak demand in the semiconductor market. Earnings fell short of analysts’ consensus of 45 cts/share, as reported by Thomson Reuters (New York). "We...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee