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

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

ESI Announces Fourth Quarter Fiscal 2016 Results

May 10, 2016 4:03 PM EDT

PORTLAND, Ore., May 10, 2016 (GLOBE NEWSWIRE) -- Electro Scientific Industries, Inc. (NASDAQ: ESIO), an innovator of laser-based manufacturing solutions for the microtechnology industry, today announced results for its fiscal 2016 fourth quarter and year ended April 2, 2016. The fourth quarter comprised thirteen weeks, compared to fourteen weeks in the prior quarter and thirteen weeks in the year-ago quarter. Financial measures are provided on both a GAAP and a non-GAAP basis, which excludes the impact of purchase accounting, equity compensation, and other items.

Fourth quarter revenue was $51.5 million, compared to $43.3 million in the third quarter of 2016... More