Cabot: Fiscal 1Q Earnings Snapshot
AURORA, Ill. (AP) _ Cabot Microelectronics Corp. (CCMP) on Wednesday reported fiscal first-quarter net income of $38.5 million.
On a per-share basis, the Aurora, Illinois-based company said it had net income of $1.30. Earnings, adjusted for non-recurring costs, were $1.92 per share.
The chip equipment maker posted revenue of $283.1 million in the period.
Cabot shares have climbed nearly 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $156.71, a rise of 53% in the last 12 months.