Photon Dynamics Revises Guidance for Second Quarter Fiscal Year 2008
17 Avril 2008 - 4:00PM
PR Newswire (US)
SAN JOSE, Calif., April 17 /PRNewswire-FirstCall/ -- Photon
Dynamics, Inc. (NASDAQ:PHTN) today announced that financial results
for the second quarter ending March 31, 2008 are expected to exceed
the company's previous financial guidance. Based on preliminary
unaudited financial results, the company now expects total revenue
for the second quarter to be in the range of $42 million to $45
million, and GAAP-basis diluted earnings per share greater than
$0.12. In the company's February 7, 2008 press release, guidance
provided for the second quarter was for revenue between $36 million
and $38 million with a loss per share of $0.11 and $0.05. "I am
very pleased to report a return to profit," commented Jeff
Hawthorne, president and CEO of Photon Dynamics. "We have received
accelerated acceptance on several new systems with ParagonAVIOS(TM)
that were shipped in the March quarter. The acceleration of
acceptance reflects not only the continued strength in the flat
panel display business environment but also the growing traction of
our strategic initiative of enhancing our competitiveness."
Conference Call for Second Quarter Fiscal Year 2008 Financial
Results Photon Dynamics will report its second quarter fiscal 2008
financial results and financial outlook on Thursday, May 1, 2008,
at approximately 1:00 p.m. PT, followed by a conference call at
1:30 p.m. PT. To access the conference call in the U.S. or Canada,
dial (800) 240-4186. For all international calls, dial (303)
262-2075. A digital replay will be available on Photon Dynamics'
website at http://www.photondynamics.com/ under "Events and
Webcasts" in the Investors section of the website two hours after
the conclusion of the conference until such time as Photon Dynamics
issues a press release announcing its third quarter fiscal 2008
financial results. A replay will also be available by phone two
hours after the conclusion of the conference call, from May 1 to
May 15, 2008. You may access the telephone replay by dialing (303)
590-3000 or (800) 405-2236 and entering access code 11112456. About
Photon Dynamics, Inc. Photon Dynamics, Inc. (NASDAQ:PHTN) is a
global supplier utilizing advanced machine vision technology for
market leading liquid crystal display (LCD) flat panel display test
and repair systems and for high performance digital imaging systems
for defense, surveillance, industrial inspection and medical
imaging applications. For more information about Photon Dynamics,
visit its website at http://www.photondynamics.com/. "Safe Harbor"
Statement under the Private Securities Litigation Reform Act of
1995 This release includes forward-looking statements intended to
qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally can be identified by phrases
such as PDI or its management "believes," "expects," "anticipates,"
"foresees," "forecasts," "estimates" or other words or phrases of
similar import. Similarly, statements in this release that describe
our business strategy, outlook, objectives, plans, intentions or
goals also are forward-looking statements. All such forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements. These forward-looking statements are
based on current expectations on the date of this press release and
involve a number of uncertainties and risks including but not
limited to: our continued ability to sustain profitability, the
continued growth in the overall flat panel market, our continued
ability to maintain our competiveness and those risks and
uncertainties described in the section entitled "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" under the caption "Factors Affecting Operating Results"
in Photon Dynamics' Annual Report on Form 10-K for the year ended
September 30, 2007 and the Quarterly Report on Form 10-Q for the
quarter ended December 31, 2007 as filed with the Securities and
Exchange Commission. As a result, actual results may differ
substantially from expectations. Photon Dynamics undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new developments or otherwise. DATASOURCE:
Photon Dynamics, Inc. CONTACT: So-Yeon Jeong, Vice President,
Investor Relations and Marketing Communications of Photon Dynamics,
Inc., +1-408-360-3084, Web site: http://www.photondynamics.com/
Copyright
Photon Dynamics (NASDAQ:PHTN)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Photon Dynamics (NASDAQ:PHTN)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024
Real-Time news about Photon Dynamics (MM) (NASDAQ): 0 recent articles
Plus d'articles sur Photon Dynamics (MM)