fair, but revenues ares lightly up and they are conservative or at least have ben in the past and the market these days forgives even those companies whose earnings miss.. they drop for a few hourse and then return immediately to where they were.. Look at CREE they disapppointed 2 qtrs in a row and still are near eth 40 dollar mark.. i would be shocked that this company with 7.00 cash and potential to earn 4 dollars does not fo towards 55 in this mkt environment. Happy Easter....
$32 million R&D planned for Q2. 65% will be allocated for EUV development.
Please listen to CC yourself. What I heard is that this R&D expense is to be growing Q-over-Q while launching 3100 and 3300 system at ATML. Currently ananlysts only estimated quarterly R&D at $27-29 mil range.
The market is closed tomorrow. tomorrow is a holiday - Good Friday for christians. The day Jesus was crucified. The stock is selling off because the guidance was lackluster. In other words, the guidance was in-line.