UPDATE: Rudolph Technologies Affirms Q2 FY11 GAAP EPS; Guides Q2 Revenue $50-52M, Had Seen $50-55M vs. $53.4M Est.

Rudolph Technologies, Inc. RTEC today provided an update to the estimated revenue range for its second quarter financial results, ended June 30, 2011. Second Quarter Estimated Results The Company previously announced that it expected revenue for the second fiscal quarter of 2011 to be between $50.0 and $55.0 million and GAAP earnings per share of between $0.18 and $0.22. Based on the Company's unaudited preliminary analysis, the Company currently estimates its revenue for the second fiscal quarter of 2011 will be between $50.0 and $52.0 million and its GAAP earnings per share will be consistent with its previously announced range. During the quarter, the Company experienced continued strength across its major business lines, partially offset by softness with certain customers, as experienced by others in its industry.
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