Credence Systems Reports Results for Second Fiscal Quarter of 1999.

Business WireMay 18, 1999

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Credence Systems Reports Results for Second Fiscal Quarter of 1999.

FREMONT, Calif.--(BUSINESS WIRE)--May 18, 1999--

Credence Systems Corporation (Nasdaq/NMS:CMOS) today reported results for its second fiscal quarter ended April 30, 1999.

Net sales were $38.1 million, a decrease of 49 percent from net sales of $74.7 million in the second quarter of fiscal 1998. Net sales were up $11.6 million sequentially or 44 percent from the company's first fiscal quarter of 1999. The net loss for the second quarter of fiscal 1999 was $5.2 million or $0....

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