FEI Company reported increased earnings on comparable revenue for the third quarter ended October 4, 2009. Earnings per share exceeded company guidance, revenue was near the high end of guidance and the book-to-bill ratio in the quarter was 1.06 to 1. For the quarter, net sales of $140.8 million were up slightly compared to the second quarter of 2009 and down 1% from the third quarter of 2008. Net income for the third quarter of 2009 was $6.1 million, up 66% compared with $3.7 million in the second quarter of 2009 and up 53% compared with $3.9 million in last year's third quarter. Diluted earnings per share in the latest quarter were $0.16, compared with $0.10 in the second quarter of 2009 and $0.11 in the third quarter of 2008. Operating income in the quarter was $7.9 million, compared with $6.6 million in the second quarter of 2009 and $6.2 million in last year's third quarter. Net cash provided by operating activities was positive $20.0 million for the quarter. For the nine months, the company reported net income of $16.1 million or $0.43 per diluted share, on total net sales of $422.89 million against net income of $10.6 million or $0.29 per diluted share on total net sales of $447.45 million for the same period a year ago. Operating income was $22.63 million compared to operating profit of $19.95 million for the same period a year ago.

FEI Co. reported EBITDA of $13.1 million for the third quarter of 2009. Capital expenditure in the third quarter was $3.8 million. For the fourth quarter of 2009, the company expects revenue to be in the range of $145 million to $152 million. GAAP earnings per share for the fourth quarter are expected to be in the range of $0.16 to $0.21, including restructuring charges of approximately $0.03 per share.

FEI Co. expected to Report Fiscal Year 2009 Results on February 5, 2010. This event was calculated by Capital IQ (Created on October 20, 2009).