ATMI Shares Down 9.2% On Earnings Miss (ATMI)

Shares of Danbury, Connecticut-based ATMI Inc. ATMI are currently down 9.2% at $19.06 per share during Wednesday afternoon trading. Today's trading range for shares of ATMI Inc has been between $18.85 and $21.08 per share. The consensus price target of analysts covering the company's stock is $18.30 per share. Volume of 544,000 shares is already more than triple the daily average volume of 170,000 shares. ATMI Inc. (ATMI) released financial results early Wednesday morning. ATMI Inc reported adjusted 4th quarter earnings of 19 cents per share, on revenue of $95.99 million,. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 22 cents per share, on revenue of $92.37 million. ATMI Inc provides specialty semiconductor materials, and high-purity materials handling and delivery solutions designed to increase process efficiencies for the worldwide semiconductor, flat panel, and life sciences industries. Read more from Benzinga's Company news.