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Cabot: Fiscal 2Q Earnings Snapshot

AURORA, Ill. (AP) _ Cabot Microelectronics Corp. (CCMP) on Wednesday reported fiscal second-quarter net income of $27.1 million.

On a per-share basis, the Aurora, Illinois-based company said it had net income of 92 cents. Earnings, adjusted for amortization costs and non-recurring costs, were $1.55 per share.

The chip equipment maker posted revenue of $265.4 million in the period.

Cabot shares have risen 26% since the beginning of the year. The stock has climbed 11% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCMP at https://www.zacks.com/ap/CCMP