Novellus Systems, Inc. (NVLS) – Sales Increased Beyond Analyst Expectations

by lydia on February 3, 2010

by lydia

Novellus Systems a chemical cleaning and equipment providing company benefiting the semiconductor companies. This company made a better impression on the stock market than what analysts expected with  its sales. The company had earnings of 39 cents a share, compared to the predicted 33 cents a share. Novellus also benefited as bookings and shipments rose. With their shipments nearly doubling to $244.5 million, the company said it expects there to be growth in the demand for semiconductors.

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