April 22, 2010 at 15:51 PM EDT
(NVLS) Novellus Systems’ Earnings Report Tops Expectations
Novellus Systems’ (NVLS) first quarter earnings beat the Zacks consensus by $0.03. Revenue beat by 3.8%. Revenue Revenue of $276.2 million was up 13.1% sequentially, 179.3% year over year and over the high-end of the revised guidance range. This reflects continued demand from foundries and increased expenditure on the memory side, driven by strengthening prices for NAND [...] (NVLS) Novellus Systems’ Earnings Report Tops Expectations
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