Third quarter net sales in the Front-end segment slightly higher than in the second quarter; Book-to-bill ratio exceeded 1.
· Third quarter net sales and bookings in the Back-end segment lower than in the second quarter due to the earlier announced slow-down in the Assembly & Packaging industry.
· Third quarter consolidated net sales of 183.8 million, up 24.7% from the third quarter of 2003 and down 13.3% from net sales of the previous quarter;
· Third quarter net earnings of 3.7 million or 0.07 diluted net earnings per share compared to a net loss of (9.7) million or (0.20) diluted net loss per share for the third quarter of 2003 and net earnings of 4.4 million or 0.08 diluted net earnings per share for the second quarter of 2004;
· Third quarter bookings of 157.1 million, an increase of 20.1% compared to 130.8 million in the third quarter of 2003 and a decrease of 32.3% compared to 232.1 million in the second quarter of 2004; Third quarter book-to-bill ratio of 0.86.
· Nine months bookings of 614.9 million, an increase of 56.7% compared to 392.5 million for the nine months in 2003;
· Quarter-end backlog of 222.3 million, down 10.7% from the previous quarter.