President Barack Obama finally got to see his atoms, courtesy of FEI’s Titan transmission electron microscope.
The President visited a semiconductor manufacturer facility as part of a West Coast technology tour wrapping Friday. During his visit to the TEM lab, the President made his way through photographers and invited guests and took a seat at the facility’s Titan TEM. “I’ve gotta see some atoms, excuse me,” he said while examining the images on the system’s monitors. “Don’t bump my atoms here.”
The President experienced first-hand the incredible power of FEI’s Titan TEM to see samples at the sub-Angstrom level. Since its introduction in 2005, the Titan has delivered ground-breaking results, making it the preferred scanning/transmission electron microscope (S/TEM) of leading researchers and technology labs around the world. The FEI Titan� S/TEM family includes the world’s most powerful, commercially-available S/TEMs: the Titan� G2 60-300, Titan3� G2 60-300, Titan Krios� and Titan� ETEM (environmental TEM). Built around a revolutionary 60-300 kV electron column, all Titans enable sub-Angstrom, atomic scale discovery and exploration in both TEM and STEM modes.
Revenue Up 32% From Q1-2010 and 6% From Q4-2010
EPS Was $0.54, vs. $0.11 in Q1-2010 and $0.52 in Q4-2010
For the first quarter of 2011, FEI Company (Nasdaq:FEIC) reported the highest quarterly revenue and earnings in the company’s history. Bookings and backlog also continued at high levels, and the company guided to further revenue and earnings increases in the second quarter of 2011.
Revenue of $197.0 million was up 32% compared to $149.1 million in the first quarter of 2010 and up 6% from $186.1 million in the fourth quarter of 2010.
Net income was $22.3 million or $0.54 per diluted share, compared with $4.1 million or $0.11 per diluted share in the first quarter of 2010 and $21.3 million or $0.52 per diluted share in the fourth quarter of 2010.
The gross margin in the first quarter was 43.6%, compared with 39.7% in the first quarter of 2010 and 45.0% in the fourth quarter of 2010. Operating income was 16.2% of sales in the quarter, compared with 3.7% in the first quarter of 2010 and 15.4% in the fourth quarter of 2010.
For the first quarter, net bookings were $190.8 million, up 14% from the first quarter of 2010 and down 13% from the record level of the fourth quarter of 2010. The backlog at the end of the quarter was $465.7 million, the second highest in company history. The book-to-bill ratio for the quarter was 0.97 to 1.
Gross cash, investments and restricted cash increased by $28.0 million to $451.8 million at the end of the quarter.
“We’ve started 2011 with revenue and earnings at the highest level in our history,” said Don Kania, president and CEO of FEI . “Gross margins moderated from the fourth quarter as expected, as operating margins increased. Bookings remained strong with 31% year-over-year growth in both Life Sciences and Research and Industry, and 14% growth in Electronics. For the second quarter, we expect revenue to be strong with improved gross margins, and we continue to expect growth for 2011.”
Guidance for Q2 2011
Assuming a euro exchange rate of $1.45, FEI expects revenue in the second quarter of 2011 to be in the range of $195 million to $210 million. Bookings are expected to be in the range of $177 million to $197 million. GAAP earnings per share are expected to be in the range of $0.55 to $0.61.
More information can be found at: www.fei.com.
GreenHouse Holdings, Inc. (GRHU)
The three most common types of solar cells are distinguished by the type of silicon used in them: monocrystalline, polycrystalline and amorphous. Monocrystalline cells produce the most electricity per unit area and amorphous cells the least. If you want to maximize solar electricity generation for a given area, then you should select the most efficient monocrystalline PV panels you can afford.
If, on the other hand, your goal is to cover a given area at the lowest cost, then you may wish to buy amorphous panels. If you are concerned with maximizing your solar electricity generation for the lowest cost, then it is best to look at the cost-effectiveness of a panel regardless of its technology by examining its cost per rated production.
GreenHouse offers Solar PV systems with state of the art Micro-Inverters that maximize the harvest of available sunlight, can now triple the R.O.I. as compared to traditional single inverter systems.
GreenHouse Holdings, Inc. is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint.
Target markets for GreenHouse’s energy efficiency solutions include residential, commercial and industrial, as well as government and military markets. In addition, the company develops designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions.
GreenHouse Holdings, Inc. (GRHU) recently announced that it has been awarded a $151 million contract for the design, development and construction of the Carlstrom National Security Training Center (”Carlstrom”) in Central Florida. The contract was awarded to GreenHouse’s wholly-owned subsidiary, Life Protection, Inc., by the Pinnacle Performance Group, the executive director for the development team. The design and pre-construction phase of the project will commence immediately.
The U.S. Marine Corps, U.S. Navy SEALs, U.S. Army, Federal Air Marshall Service, U.S. Coast Guard, Border Patrol, Tactical Forces (SWAT and Anti-Terrorism), Customs Enforcement, FEMA, and First Responders (Fire, Police, EMS) will use the Carlstrom facility. Carlstrom will be equipped with a military style urban training facility, tactical driving course, obstacle-training course, shooting range, advanced computers and technology laboratories. The facility will be designed to provide both simulated training scenarios and classroom-based learning. The facility will take approximately three years to complete and once operational will create over 250 jobs.
For more information about GreenHouse Holdings, Inc. Visit its website:www.greenhouseintl.com
SYNNEX Corp. (NYSE:SNX) a leading business process services company, announced its plans to participate in two upcoming investor conferences. Kevin Murai, President and Chief Executive Officer, is scheduled to participate in the “Distributor Panel Focusing on the Americas” discussion at 10:20 a.m. ET at the Global Technology Distribution Council (GTDC) 2011 Investor Relations Conference to be held on Tuesday, May 10, 2011 at the Millennium Broadway Hotel in New York, NY. In addition, Mr. Murai and Thomas Alsborg, Chief Financial Officer, will also be presenting at 8:00 a.m. ET at the Bank of America - Merrill Lynch 2011 Smid Cap Conference to be held on Wednesday, May 11, 2011 at the Boston Harbor Hotel in Boston, MA. To listen to live audio webcasts of these presentations, visit the Investor Relations section of the SYNNEX Corporation website at www.synnex.com.
SYNNEX Corporation, a business process services company, provides services in distribution, contract assembly, and global business services. The company operates in two segments, Distribution Services and Global Business Services (GBS).
SemGroup Corporation (NYSE:SEMG) announced that it plans to release its first quarter 2011 results before market opens on Monday, May 16, 2011. A presentation of the results will be posted at this time on SemGroup`s Investor Relations website at ir.semgroupcorp.com. This release will be followed by a conference call for investors at 8:30 a.m. EDT on Monday May 16, 2011 to discuss SemGroup`s first quarter results. Hosting the call will be Norman J. Szydlowski, President and Chief Executive Officer, and Robert N. Fitzgerald, Senior Vice President and Chief Financial Officer. The call can be accessed live over the telephone by dialing 888.713.4213, or for international callers, 617.213.4865. The pass code for the call is 55412997. A replay will be available shortly after the call and can be accessed by dialing 888.286.8010, or for international callers, 617.801.6888. The pass code for the replay is 22761819. The replay will be available until May 23, 2011.
SemGroup Corporation, through its subsidiaries, provides gathering, transportation, storage, distribution, blending, marketing, and other midstream services primarily to independent producers, refiners of petroleum products, and other market participants in the Midwest and Rocky Mountain regions of the United States, Canada, and the West Coast of the United Kingdom.
Compass Diversified Holdings (NYSE:CODI) announced that it plans to release financial results for the first quarter ended March 31, 2011, on Monday, May 9, 2011, during pre-market hours, and has scheduled a conference call to discuss the results at 9:00 a.m. ET that day. The conference call will feature remarks by Alan Offenberg, Chief Executive Officer, and James J. Bottiglieri, Chief Financial Officer. To participate in the call, please dial (877) 874-1563 (domestic) or (719) 325-4814 (international). The passcode is 2083227. Please dial into the call at least five minutes before the scheduled start time.
Compass Diversified Holdings is a public investment firm specializing in acquiring controlling stakes in small to middle market companies. The firm seeks to make middle market and buyout investments.
No comments:
Post a Comment