ESI Announces First Quarter Fiscal 2017 Results
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Needham & Company Downgrades Electro Scientific Industries (ESIO) to Hold
August 3, 2016 7:23 AM EDTNeedham & Company downgraded Electro Scientific Industries (NASDAQ: ESIO) from Buy to Hold.
Analyst James Ricchiuti commented, "ESIO's gradual turnaround, which produced steady improvement in profitability over the past year, has hit a snag after bookings fell sharply in FQ1.... More
Electro Scientific Industries (ESIO) Tops Q1 EPS by 4c
August 2, 2016 5:08 PM EDTElectro Scientific Industries (NASDAQ: ESIO) reported Q1 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $47.7 million versus the consensus estimate of $50.75 million.
Based on current market conditions, revenues for the second quarter of fiscal 2017 are expected to... More
