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
($0.10)
-- 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.