Cabot Microelectronics Corp. (CCMP) reported first quarter net income of $13.12 million or $0.56 per share, compared to $116 thousand or $0.01 per share last year.
Quarterly revenues rose to $97.67 million from $63.02 million in the previous year.
Analysts polled by Thomson Reuters expected the company to earn $0.41 per share for the quarter on revenue of $90.02 million. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.