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PRI Automation Rises 3.5% on Earnings

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PRI Automation


was up 3.5% in midmorning. The chip equipmentmaker reported fourth-quarter earnings of 6 cents per share vs. the

First Call/Thomson Financial

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consensus of 4 cents and the year-ago loss of 23 cents.

The company projected first-quarter earnings of 14 to 16 cents per share. The Street's current estimate is 15 cents.