Ultratech Reports Q4 EPS of $.25 vs. $.24

Ultratech, Inc. UTEK, today announced unaudited results for the three-month and one-year periods ended December 31, 2010. For the fourth quarter of fiscal 2010, Ultratech reported net sales of $43.6 million as compared to $26.6 million during the fourth quarter of fiscal 2009. Ultratech's net income for the fourth quarter of 2010 was $6.3 million, or $0.25 per share, as compared to net income of $1.4 million, or $0.06 per share for the same quarter last year. Ultratech's net sales for the year ended December 31, 2010 were $140.6 million, as compared to $95.8 million for fiscal 2009. Ultratech posted net income for the year ended December 31, 2010 of $16.8 million, or $0.67 per share, as compared to net income of $2.1 million, or $0.09 per share in fiscal 2009.