Nanometrics (NANO) Releases Quarterly Earnings, Hits Estimates
Nanometrics (NASDAQ:NANO) posted its quarterly earnings results on Wednesday. The company reported $0.05 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.05, Analyst Ratings Network.com reports. The company had revenue of $48.03 million for the quarter, compared to the consensus estimate of $49.36 million. During the same quarter last year, the company posted ($0.17) earnings per share. Nanometrics’s revenue was up 39.0% compared to the same quarter last year. Nanometrics updated its Q3 guidance to $(0.30)-(0.17) EPS.
Shares of Nanometrics (NASDAQ:NANO) traded up 1.34% during mid-day trading on Wednesday, hitting $16.58. 80,629 shares of the company’s stock traded hands. Nanometrics has a 52-week low of $13.37 and a 52-week high of $19.94. The stock has a 50-day moving average of $17.80 and a 200-day moving average of $17.55. The company’s market cap is $396.2 million.
Nanometrics Incorporated (NASDAQ:NANO) is a provider of advanced, high-performance process control metrology and inspection systems used primarily in the fabrication of integrated circuits, high-brightness (HB) light emitting diodes (LEDs), data storage devices and solar photovoltaics (solar PV).
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