Thursday, October 25, 2012, 6:18 AMCabot Microelectronics (CCMP): FQ4 EPS of $0.49 misses by $0.09. Revenue of $110.6M (+0.8% Y/Y) misses by $10M. (PR)
Thursday, July 26, 2012, 6:58 AMCabot Microelectronics (CCMP): FQ3 EPS of $0.55 beats by $0.01. Revenue of $115.7M (+3.5% Y/Y) in-line. (PR)
Thursday, April 26, 2012, 8:48 AMCabot Microelectronics (CCMP): Q1 EPS of $0.35 in-line. Revenue of $99.2M (-9.6% Y/Y) in-line. (PR)
Tuesday, March 13, 2012, 2:25 PM
Cabot Microelectronics (CCMP +7.8%) trades higher after being upgraded to Buy at Longbow, citing improved margin expectations and numerous growth catylsts.
Comment![Tech, On the Move]
Tuesday, February 14, 2012, 8:05 AM
Cabot Microelectronics (CCMP) announces a special cash dividend of $15 per share - repping close to 30% of its trading price. The firm says it will fund the dividend payout from available cash, as well as from a new 5-year secured credit facility. Shares +6.3% premarket.
Comment![On the Move]
Thursday, January 26, 2012, 6:23 AMCabot Microelectronics (CCMP): FQ1 EPS of $0.52 beats by $0.05. Revenue of $102.1M (-10.6% Y/Y) misses by $4M. (PR)
Tuesday, December 13, 2011, 11:11 AM
Chip equipment maker Cabot Microelectronics (CCMP +17.7%) skyrockets after announcing it plans to pay a $15/share special dividend in Q1. In a move that would likely make Whitney Tilson smile, the company says half of the dividend's cost will be paid for by issuing debt. Cabot also says it's boosting the size of its stock buyback program to $150M, from a prior level of $83M.
Comment![Tech, On the Move]
Monday, October 10, 2011, 3:41 PM
Cabot Microelectronics (CCMP -0.1%) is underperforming after D.A. Davidson downgrades the chip equipment maker to Neutral, citing expectations of weaker chip production levels (i.e. wafer starts). Cabot depends heavily on orders from Taiwanese chip foundries TSM and UMC, which have been reporting weak sales. (earlier)
Comment![Tech, Quick Ideas]
Wednesday, July 27, 2011, 4:01 PM
Semiconductor equipment manufacturer Cabot Microelectronics (CCMP) is down 9% after reporting FQ3 revenue and EPS of $111.8M (+10% Y/Y) and $0.54, below a consensus of $114.5M and $0.68. Gross margin fell to 47.4% from 49.1% in the year-ago period, which the company attributes to forex issues and price cuts. (PR)
Comment![Tech, Earnings, On the Move]
Friday, January 14, 2011, 3:30 PM
Today's semiconductor surge pushes not just high-profile chipmakers like Broadcom (BRCM +2.7%) and Nvidia (NVDA +1.5%) to new 52-week highs, but at least 15 others, as well. They include both chip manufacturers and component and gear suppliers, such as Atmel (ATML +0.4%) and Applied Materials (AMAT +7.4%).
Monday, December 22, 2008, 8:48 AM
Forecasting weak results, JPMorgan downgrades a slew of semiconductor firms: KLA Tencor (KLAC), Lam Research (LRCX), FormFactor (FORM), Teradyne (TER), Cabot Microelectronics (CCMP), Verigy (VRGY) and Novellus Systems (NVLS).