Extract
Asyst Technologies Reports Second Quarter Results.
Business Editors
FREMONT, Calif.--(BUSINESS WIRE)--Oct. 24, 2002 Asyst Technologies, Inc., (Nasdaq NM: ASYT), a leading provider of integrated automation solutions that maximize the productivity of semiconductor manufacturing, today announced financial results for its second fiscal quarter ended Sept. 30, 2002. Results were in line with company guidance. Net sales from continuing operations were $72.3 million, a 39% increase over $51.9 million in the prior sequential quarter. Gross margin from continuing operations was 39%, compared with 32% in the first fiscal quarter. Pro forma net income from continuing operations was $631,000, or $.02 per diluted share. GAAP net loss from continuing operations, which includes $11.6 million of one-time charges and a $62.7 million write-off to the company's deferred tax asset, was $(75,960,000), or $(2.03) per diluted share. GAAP net loss of $(78,053,000), or $(2.08) per diluted share, includes the results of the company's AMP and SemiFab subsidiaries, whic...See the full content of this document
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