…end of the first quarter we had $4.3 million available for future repurchases under our previously announced buyback plan. 2 Sales Net sales for the first quarter grew 4.2% compared to the same quarter a year ago and declined 8.3% sequentially. As we indicated during our last quarter's conference call…
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…:30 P.M. P.T. Coherent, Inc to Webcast 2011 First Quarter December 7, 2010, 3:15 A.M. P.T. Coherent, Inc. to Present at NASDAQ OMX 25th Investor Program in London November 4, 2010, 1:30 P.M. P.T. Coherent, Inc. Announces Live Webcast of Fourth Quarter and Fiscal Year End 2010 Financial Results September…
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…call. Highlights of the Quarter Let me begin by giving you the highlights of another successful quarter for the Company. Bookings were $236.7 million, another record for the company; the book to bill ratio was 1.18 and for the first time in the Company's history, quarterly net sales crossed the $200…
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…last quarter's record. Included in the third quarter total is $22 million of a record $77 million order we received for current and next generation FPD annealing lasers and optics. The remaining $55 million will be booked in accordance with our internal policies and spread over the next two quarters. Fulfillment…
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…the fourth quarter revenue range was dependent on timely delivery of core components for our higher ASP annealing lasers. We are happy to state that we had no supply issues impacting our fourth quarter revenues but we did experience a sudden slowdown in solar revenues reducing this quarter's sales by approximately…
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…per share. The projected third and fourth quarter results for Hypertronics reflect investments in headcount, training and manufacturing capacity to gear up for several product transfers. We anticipate a loss of roughly $0.05 per share in each of these quarters. Starting fiscal 2012, we anticipate that…
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…complete this in the next few quarters. Let me turn my attention to last quarter's results. Quarterly Results Second quarter bookings of $183.1 million were down 9.3% compared to the prior quarter and 22.6% lower than the prior year period. The book-to-bill for the second quarter was 0.95. Scientific Scientific…
…participants were eligible to receive quarterly bonuses if specific performance goals set by the committee at the beginning of the year are achieved. The Compensation and H.R. Committee established these goals when it adopted the 2007 VCP during the fourth quarter of Fiscal 2006. In setting the performance…
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…participants were eligible to receive quarterly bonuses if specific performance goals set by the committee at the beginning of the year are achieved. The Compensation and H.R. Committee established these goals when it adopted the 2007 VCP during the fourth quarter of Fiscal 2006. In setting the performance…
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