BNET Industries

Strasbaugh

(STRB) is in the Technology Industry

Market Cap:$3.8M
Last Fiscal Year Sales:$9.5M
  • Public
  • US
Dow Jones Description

We develop, manufacture, market and sell an extensive line of precision surfacing products, including polishing, grinding and precision optics tools and systems, to customers in the semiconductor and silicon wafer fabrication, data storage, LED and precision optics markets worldwide. Many of our products are used by our customers in the fabrication of semiconductors and silicon wafers. Our net revenues decreased by $45,000, or 3%, to $1,507,000 for the three months ended March 31, 2009 as compared to $1,552,000 for the three months ended March 31, 2008. We reported net income of $309,000 for the three months ended March 31, 2009 as compared to a net loss of $1,264,000 for the three months ended March 31, 2008. Excluding the non-cash gains totaling $1,608,000 on our preferred stock related embedded derivative and warrants during the three months ended March 31, 2009, our net income decreased by $35,000. Our financial performance during the first three months of 2009 and 2008 has been negatively affected by a slowdown in the semiconductor industry. As a result of the industry slowdown, we experienced a substantial decline in tool system sales as customers delayed major purchasing decisions and we expect this slowdown to continue well into 2009. Our priority over the next several months is to continue to find ways to strengthen our balance sheet and conserve cash. With that in mind, our total headcount has been reduced to 70 full and part-time employees at March 31, 2009. ...

Number of Employees 73
Contact Information

825 Buckley Rd

San Luis Obispo, California 93401-8130

www.strasbaugh....

(805) 541-6424

NAICS Code Semiconductor Machinery Manufacturing: 333295

Recent Events

  • Strasbaugh's nTrepid CMP System Penetrates Japanese Market

    8/03/09 - Product Announcement - View Story

  • Strasbaugh Receives Multi-Million Dollar Order For Newly Introduced STB P300 CMP System

    7/31/09 - Product Announcement - View Story

  • Strasbaugh Introducing New STB P300TM CMP System at Semicon West, July 14-17, 2009

    7/06/09 - Product Announcement - View Story

News & Analysis

strasbaugh - All News and Analysis

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     STRB $0.26 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 2,073
Shares Outstanding 14.71M
Market Cap 3.8M
Year High 1.19
Year Low 0.18
Earnings Per Share -0.36
P/E Ratio -0.72
Dividend N/A
Yield N/A
IndustryTop Rated

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