Tuesday, Cymer Inc. (CYMI) reported third-quarter net income of $10.8 million or $0.36 per share, compared to net income of $5.3 million or $0.18 per share in the same quarter last year.
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.17 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $92.3 million, down from $110.6 million in the comparable quarter last year. Analysts expected the company to report revenue of $82.20 million for the quarter.
Looking ahead to the fourth quarter, the company expects revenue to be comparable to the revenue reported for the third quarter of 2009. Analysts currently anticipate the company to report revenue of $90.62 million for the quarter.
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