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PR Newswire (Aug 7, 2014)
PR Newswire (Jul 24, 2014)
at Fox Business (Aug 29, 2012)
at MarketWatch.com (Nov 4, 2011)
at MarketWatch.com (Jun 10, 2011)
Fri, Feb. 7, 5:38 PM
Jan. 25, 2013, 4:23 PMCoherent (COHR +10.6%) continued its recent rally in the wake of its FQ1 report. Though results were mixed, the industrial/electronics laser vendor guided in prepared remarks (.pdf) for FQ2 revenue of $193M-$203M, above a $192.7M consensus. Also, FQ1 gross margin rose 100 bps Q/Q to 42.6%, and book-to-bill was 0.96, a healthy figure in light of macro (Europe) and industry-specific (science, electronics/chips) challenges. Peers rose in sympathy: IPGP +2.2%. NEWP +1.5%. RSTI +2.1%. | Comment!
Feb. 2, 2012, 9:14 AMMore on Rofin-Sinar's FQ1: The company blames its shortfall on Europe's macro issues and China's inflation-fighting efforts, and says demand was especially soft for lasers used in machine tooling and electronics manufacturing. Book-to-bill was a mere 0.93. It expects FQ2 revenue of $130M-$135M and EPS of $0.27-$0.30, below a consensus of $142M and $0.37. RSTI -8.1%. (PR) | Comment!
Feb. 2, 2012, 8:19 AM
Nov. 4, 2011, 1:52 PMLaser designer Rofin-Sinar Technologies (RSTI -10%) FQ4 easily beat estimates, but the stock takes a hit after the company issues a cautious view for the current quarter. It now projects revenues to be in the range of $137M - $142M, sharply lower than analysts expectations. The company cites a sales slowdown in the Asian markets, particularly tightening in credit in China, for the reduced guidance.
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Rofin-Sinar Technologies Inc is engaged in the design, development, engineering, manufacturing and marketing of laser-based products, primarily used for cutting, welding and marking various materials.
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