Rudolph Technologies Reports 2018 Third Quarter Results

  • Tracking to fourth consecutive record revenue year
  • JetStep system selected for Wafer Level Chip Scale Package application

WILMINGTON, Mass. — (BUSINESS WIRE) — November 1, 2018Rudolph Technologies, Inc. (NYSE: RTEC), a leading provider of semiconductor process control systems, lithography equipment, as well as process control and yield management software for wafer fabs and advanced packaging facilities, today announced financial results for the 2018 third quarter.

2018 Third Quarter Highlights

  • Rudolph’s software for Smart Manufacturing adopted globally by leading automotive manufacturer.
  • Second generation Dragonfly™ System tool was introduced during the third quarter at Semicon Taiwan.
  • Second JetStep® System tool selected by major OSAT customer for capacity ramping of copper pillar devices.
  • Revenue from specialty device customers increased 70 percent and represented 29 percent of system revenue.

Key Financial Data for the Quarters Ended September 30, 2018,

June 30, 2018, and September 30, 2017

(in thousands, except per share amounts)

 
US GAAP
  September 2018     June 2018     September 2017
Revenue $ 60,432   $ 77,476   $ 66,920
Gross profit margin 52.0 % 53.9 % 52.5 %
Operating income $ 7,629 $ 16,674 $ 25,517
Net income $ 7,187 $ 14,697 $ 17,369
Net income per diluted share $ 0.22 $ 0.45 $ 0.54
 
US NON-GAAP
September 2018 June 2018 September 2017
Revenue $ 60,432 $ 77,476 $ 66,920
Gross profit margin 52.1 % 54.0 % 52.6 %
Operating income $ 9,304 $ 19,138 $ 15,566
Net income $ 8,504 $ 16,552 $ 10,627
Net income per diluted share $ 0.26 $ 0.51 $ 0.33
 

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