Tech Movers
Ibis Technology Puts Fourth-Quarter Loss in Line with Views
Ibis Technology(IBIS) said it expects its fourth-quarter results to be in line with the company's previous guidance, which called for revenue of $1.4 million to $1.6 million.
The semiconductor equipment maker expects to post a loss of 40 cents to 44 cents a share, compared with a loss of 29 cents a share in the third quarter. Analysts had been expecting a fourth-quarter loss of 34 cents a share, according to Thomson Financial/First Call.
Shares of Ibis closed at $13.29 Monday on the Nasdaq exchange.
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