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Wednesday, April 23, 2008

Mattson (MTSN) 1Q:2008 Results

The Company's guidance for the second quarter of 2008 is predicated on a
protracted weakness in the DRAM market. For the second quarter, Mattson
expects the following:
-- Revenues in a range of $40 million to $45 million
-- Gross margins between 39 percent and 41 percent
-- Earnings in a range of loss per share of ($0.17) to loss per share of
-- Fully diluted share count of 49.5 million.

... the street is at $51mm with gross margins of 44%, looking for a profit of 3 cents. Big disappointment.

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