7/12/2012

FSI International Lifts FY Q3 Guidance; Stock Soars After Hours

FSI International (FSII), which makes capital equipment for chip makers, said it now expects revenue for its fiscal Q3 ended May 29 of $27 million to $29 million, up from previous guidance of $23 million to $25 million.

FSI raised its order guidance for the quarter to a range of $28 million to $30 million, from a previous range of $25 million to $27 million.

The company now sees profits of $5 million to $6 million, well above previous guidance of $2.5 million to $3 million.

FSII in late trading is up 42 cents, or 15.3%, to $3.17.

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