NANOMETRICS REPORTS FIRST QUARTER 1992 RESULTS
NANOMETRICS REPORTS FIRST QUARTER 1992 RESULTS SUNNYVALE, Calif., April 29 /PRNewswire/ -- Nanometrics Inc.
(NASDAQ: NANO) today reported revenues and operating results for the first quarter ended March 28, 1992.
Revenues for the first quarter were $3.7 million, a decrease of 18 percent compared with $4.5 million for the same quarter of 1991. The company reported an operating loss of $504,000 and a net loss of $303,000 or $.04 per share in the first quarter of 1992. This compares with an operating loss of $513,000 and a net loss of $480,000 or $.07 per share in the first quarter of 1991. The operating loss in the first quarter of 1992 includes an intercompany generated exchange rate loss with the company's Japanese subsidiary, Nanometrics Japan Ltd., of $237,000 compared with a similar exchange rate loss of $148,000 in the first quarter a year ago. The company expects that its financial results in the second quarter of 1992 will be similar to the first quarter of 1992. Nanometrics' principal products are optical and scanning electron microscope-based measurement and inspection stations utilized in the manufacture of semiconductors. -0- 4/29/92 /CONTACT: Vincent J. Coates of Nanometrics, 408-746-1600/ (NANO) CO: Nanometrics Inc. ST: California IN: CPR SU: ERN
MC-RM -- SJ007 -- 4607 04/29/92 17:11 EDT
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|Date:||Apr 29, 1992|
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