Asyst Technologies Reports Third Quarter Results.

Extract


Asyst Technologies Reports Third Quarter Results.

Business Editors/High-Tech Writers

FREMONT, Calif.--(BUSINESS WIRE)--Jan. 29, 2003

Asyst Technologies, Inc., (Nasdaq:ASYT), a leading provider of integrated automation solutions that maximize the productivity of semiconductor manufacturing, today announced financial results for its third fiscal quarter ended Dec. 31, 2002. Results were in line with company guidance.

Results for the quarter include the results of Asyst-Shinko Inc., an AMHS joint venture (JV). The company completed the purchase of its 51% interest in the JV on October 16, 2002.

Third quarter consolidated net sales from continuing operations were $75.6 million, compared with $72.3 million in the prior sequential quarter. The JV contributed $24.1 million to net sales for the...

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