Mattson Technology, Inc. Reports Strong Third Quarter 2009 Results

FREMONT, CA--(Marketwire - 10/21/09) - Mattson Technology, Inc. (NASDAQ:MTSN - News), a leading supplier of advanced process equipment used to manufacture semiconductors, today announced results for its third quarter of 2009 (ended September 27, 2009). Third Quarter 2009 Business Highlights:� -- Revenues increased sequentially 38 percent over the second quarter of 2009. -- Announced the release of the next Generation Helios(TM) XP Rapid Thermal Processing (RTP) system and shipped a Helios XP evaluation system to a leading foundry customer for advanced anneal processing, marking Mattson Technology's first RTP system placement in the Logic / Foundry market. -- Recognized revenue on an Alpine(TM) Etch system at a leading logic manufacturer for wafer-level packaging applications. This shipment is not only the Company's third customer with Etch products, but also opens up a new addressable market in the packaging segment. Third Quarter 2009 Financial ResultsNet sales for the third quarter were $11.2 million, compared to $8.1 million in the second quarter of 2009, and $30 million in the third quarter of 2008. Gross margin for the third quarter was $2.5 million, compared to negative $1.6 million in the second quarter, and $7.7 million in the third quarter of 2008. Gross margin improved in the third quarter primarily due to fewer inventory reserves taken when compared to the second quarter.Operating expenses for the third quarter were $19.2 million, compared to $...
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Mattson Tech shrinks 3Q loss to $8.6 million

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Mattson Third Quarter Financial Results Call scheduled for 6:00 pm ET today

Call DetailsMattson Third Quarter Financial ResultsWed, Oct 21, 2009, 6:00 pm EasternAbout Mattson Technology, Inc. (NasdaqGS:MTSN)Mattson Technology, Inc. designs, manufactures, and markets semiconductor wafer processing equipment used in the fabrication of integrated circuits for the semiconductor manufacturing industry worldwide. It offers dry strip and rapid thermal processing equipment, and isotropic and low aspect ratio reactive ion. The company’s dry strip product line includes Suprema strip tool that creates gaseous chemistries, or plasmas, to which the wafer is exposed to remove mask films and residues; and Alpine, a low temperature dry strip system. Its rapid thermal processing (RTP) product line comprises the 2900 for 200 mm applications, the Helios RTP system for 300 mm anneal applications, and the Atmos rapid thermal oxidation system for 300 mm advanced oxidation applications. The company’s isotropic and low aspect ratio reactive ion removes patterned material from the surface of a wafer to create the device structures. In addition, it offers plasma-based etching systems that include Aspen III LiteEtch systems for isotropic etching applications; and Nexion anisotropic etch systems for various etch applications. The company sells its products directly, as well as through distribution agreements to foundries, and memory and logic device manufacturers. Mattson Technology, Inc. was founded in 1988 and is headquartered in Fremont, California.More Info:Quote |Chart |News |Profile |Reports |...
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MATTSON TECHNOLOGY INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex

Show all filings for MATTSON TECHNOLOGY INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MATTSON TECHNOLOGY INC 21-Oct-2009Results of Operations and Financial Condition, Financial Statements and Ex Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information pro...
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Mattson Technology Inc Q3 2009 Earnings Call Transcript

Mattson Technology Inc. (MTSN) Q3 2009 Earnings Call October 21, 2009; 06:00 pm ET Executives Dave Dutton - President & Chief Executive Officer Andy Moring - Chief Financial Officer Laura Guerrant - Investor Relations Counsel Analysts Stephen O’Rourke - Deutsche Bank Edwin Mok - Needham & Co. Gary Hsueh - Oppenheimer Patrick Ho - Stifel Nicolaus Ben Pang- Caris & Co. Presentation Operator Good day everyone, and welcome to the Mattson Technology, third quarter 2009 financial results conference call. Today’s call is being recorded. At this time, I would like to turn the call over to Ms. Laura Guerrant, Mattson Technology’s Investor Relations Counsel; please go ahead ma'am. Laura Guerrant Thank you and good afternoon everyone. Thank you for joining us today to discuss Mattson Technology’s financial results for the third quarter of fiscal 2009, which ended September 27. In addition to outlining the company’s financial results for the quarter, we will also provide guidance for the fourth quarter of fiscal 2009. On today’s call are Dave Dutton, Mattson Technology’s President and Chief Executive Officer; and Andy Moring, the company’s Chief Financial Officer. Before turning the call over to Andy, I’d like to remind everyone that information provided in today’s conference call, contains forward-looking statements regarding the company’s future prospects, including but no...
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New Star Analyst Rankings for Mattson Technology, Inc.

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...
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MATTSON TECHNOLOGY INC Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations This quarterly report on Form 10-Q contains forward-looking statements, which are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs, including estimates and projections about our industry. Our forward-looking statements may include statements that relate to our future revenue, gross margin, earnings, cash flow and cash position, customer demand, market share, competitiveness, margins, product development plans and levels of research and development (R&D) activity, outsourcing plans and operating expenses, tax expenses, the expected effects, cost and timing of restructurings, excess inventory reserves, the level of our vendor commitments as compared to our requirements, cost-saving initiatives, and consolidation of operations and facilities, economic conditions in general and in our industry, and the sufficiency of our financial resources to support future operations and capital expenditures. Forward-looking statements typically are identified by use of terms such as "anticipates," "expects," "intends," "plans," "seeks," "estimates," "believes," and similar expressions, although some forward-looking statements are expressed differently. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions that are difficult to predict. Such risks and uncertainties include those set forth in Part II, Item 1A under "Risk Factors" and Part I, Item 2 under "Management's Discussion and Analysis of Financial Condition and Results of Operations." Our actual results could differ materially from those anticipated by these forward-looking statements. The forward-looking statements in this report speak only as of the...
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The Chip-Equipment Disconnect

Stock quotes in this article: LCRX , MTSN , BRKS , ...
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Trading Review for Axcelis Technologies Inc. Issued by Beacon Equity

DALLAS, Nov. 10, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Axcelis Technologies (Nasdaq:ACLS - News). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision. The investment report on Axcelis Technologies (Nasdaq:ACLS - News) should be of particular interest to semiconductor equipment makers: Mattson Technology Inc. (Nasdaq:MTSN - News), Varian Semiconductor Equipment Associates Inc. (Nasdaq:VSEA - News) and Applied Material Inc. (Nasdaq:...
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MATTSON TECHNOLOGY INC Financials

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