(NVLS) Novellus Systems Raises Guidance
Posted on November 24, 2009 at 00:34 AM EST
Novellus Systems (NVLS) raised its fourth-quarter revenue and earnings outlook, as a result of the ongoing recovery in the semiconductor market. The company now expects revenues of $225-245 million, compared to previous guidance of $215-245 million, which raises the mid-point from $230 to $235 million. Management had previously guided to bookings increase of 25-50%, which were not [...] (NVLS) Novellus Systems Raises Guidance