News

7 November 2008

 

Aviza expects revenue at low end of guidance, but raises guidance for income

Etch and deposition equipment maker Aviza Technology Inc of Scotts Valley, CA, USA has updated the guidance that it gave on 6 August for fiscal fourth-quarter 2008 (to end September).

It now expects net sales to be at the low end of the $35-40m guidance range (up only slightly on fiscal Q2’s $33.5m), but adjusted net income to be $100,000-1,500,000 rather than between adjusted net loss of $3m to adjusted net income of $100,000 (an improvement from an adjusted net loss was $3.6m in fiscal Q2).

Aviza also says that its fiscal fourth-quarter results have been impacted by a restructuring charge of $1.8-2.3m related primarily to the impairment of a previously licensed technology.

In April, Aviza announced a restructuring of its product strategy, served markets and internal operations to refocus on growth market segments with its single-wafer products, including its core strengths in atomic layer deposition (ALD) technology for the sub-45nm nodes, and etch and PVD technologies for the 3D-IC market. Meanwhile, to decrease its overall dependence on the falling DRAM market, Aviza has been downsizing its programs, products and spending related to trench capacitor technology for DRAMs, involving ceasing development of large batch thermal systems.

The firm will report full fiscal fourth-quarter and year-end 2008 results on 20 November.

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Visit: www.aviza.com