Short: Novellus reports Q3 financials
Novellus Systems reported $121.6 million in net sales for its third quarter ending September 30, up 21 percent from $100.4 million for the same quarter last year. Net income was $25.1 million, or $1.53 per share, compared to $21.9 million, or 1.27 per share last year. Novellus designs chemical vapor deposition systems, which are used to deposit insulating layers and conductive metal layers on the surface of a semiconductor wafer.
reported $121.6 million in net sales for its third quarter ending September
30, up 21 percent from $100.4 million for the same quarter last year. Net
income was $25.1 million, or $1.53 per share, compared to $21.9 million, or
1.27 per share last year. Novellus designs chemical vapor deposition
systems, which are used to deposit insulating layers and conductive metal
layers on the surface of a semiconductor wafer.