Singulus Technologies AG expected to Report Fiscal Year 2009 Results on March 16, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Singulus Technologies AG announced earnings results for the first nine months ended September 30, 2009. The company achieved cumulated sales in the amount of EUR 95.9 million during the first nine months of 2009 compared to EUR 149.9 million for the same period last year. On an operating basis, before extraordinary write-offs the EBIT was negative at EUR 13.9 million compared to negative at EUR 11.7 million for the same period last year. By taking into account the extraordinary items a negative EBIT in the amount of EUR 53.3 million results. In the third quarter the EBIT before one-time charges amounted to EUR 6.2 million. Including the extraordinary expenses the company posted a negative EBIT totaling EUR 42.7 million in the quarter under review compared to EUR 39.0 million for the same period last year. For the full year 2009, the company confirms sales in a range of EUR 115 to 125 million with significantly negative earnings.

Singulus Technologies AG announced earnings results for the third quarter of 2009. For the quarter, the company's net loss widened to EUR 41.5 million (USD 61.6 million) in the third quarter of 2009 from minus EUR 36.3 million in the same period last year. Revenue halved to EUR 28.8 million. The company has cancelled the planned cuts of 190 jobs, envisioned by the previous CEO. The company announced group wide will axe 30 positions.