ESI Announces Fourth Quarter Fiscal 2016 Results

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Needham & Company Raises Price Target on Electro Scientific Industries (ESIO) Following 4Q

May 11, 2016 7:59 AM EDT

Needham & Company reiterated a Buy rating on Electro Scientific Industries (NASDAQ: ESIO), and raised the price target to $9.00 (from $8.00), following the company's 4Q earnings report. Revenues increased to $51.5M, toward the upper end of guidance of $47-53M. ESIO posted non-GAAP EPS of $0.11, vs.... More

Electro Scientific Industries (ESIO) Tops Q4 EPS by 6c

May 11, 2016 6:54 AM EDT

Electro Scientific Industries (NASDAQ: ESIO) reported Q4 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $51.5 million versus the consensus estimate of $49.75 million.

GUIDANCE:

Electro Scientific Industries sees Q1 2017 EPS of $0.04-$0.09, versus the... More