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Align Rite International Inc

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BUSINESS
May 24, 2000
* Burbank-based photomask maker Align-Rite International Inc. reported fiscal fourth-quarter net income of $839,000, or 17 cents a share, compared with $903,000, or 19 cents, a year ago. Revenue rose 20% to $15.2 million. Photomasks are used by semiconductor makers to transfer circuit patterns onto computer chips. Last week, Align-Rite got federal approval of its merger with Photronics Inc.
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BUSINESS
May 24, 2000
* Burbank-based photomask maker Align-Rite International Inc. reported fiscal fourth-quarter net income of $839,000, or 17 cents a share, compared with $903,000, or 19 cents, a year ago. Revenue rose 20% to $15.2 million. Photomasks are used by semiconductor makers to transfer circuit patterns onto computer chips. Last week, Align-Rite got federal approval of its merger with Photronics Inc.
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BUSINESS
November 4, 1997
Burbank-based Align-Rite International Inc. posted its second-highest income and sales in company history during its second quarter. Earnings for the three months that ended Sept. 30 were $1.5 million, up 7% from $1.4 million a year ago, while sales rose to $11.4 million, up 19% from $9.6 million in 1996. For the six months, Align-Rite reported earnings of $2.9 million, up 7% from $2.7 million in 1996, and sales of $22 million, up 15% from $19.2 million a year earlier.
BUSINESS
October 29, 1999 | From Bloomberg News
Hilton Hotels Corp. said Thursday that its third-quarter profit rose 2.4% and cash flow increased as the fifth-largest U.S. hotel company benefited from higher occupancy rates and recent acquisitions. Beverly Hills-based Hilton said diluted earnings--excluding charges associated primarily with the opening of a new hotel at Boston's Logan Airport--climbed to 17 cents, compared with 15 cents in the third quarter of 1998.
BUSINESS
May 23, 1995
Align-Rite International Inc., a Burbank-based maker of photo masks, is going public. The company is offering 1.2 million shares, with stockholders offering an additional 600,000 shares, according to documents filed with the Securities and Exchange Commission. The expected offering price is between $11 and $13 per share. The proceeds will be used to repay outstanding debt, acquire capital equipment and for general corporate purposes. For fiscal 1995, the company reported a net income of $3.
BUSINESS
November 21, 1995
Align-Rite International Inc. posted a 74% jump in net income on a 25% increase in sales for the second quarter that ended Sept. 30. The Burbank company, which makes precision quartz or glass plates used by semiconductor makers to transfer circuit patterns onto silicon wafers, earned $1.2 million in the latest quarter, up from a $706,000 profit a year earlier. Quarterly sales rose to $8 million, up from $6.4 million last year. For the six-month period, the company's net income grew 40% to $2.
BUSINESS
April 2, 1996
Align-Rite International Inc. said it plans a $10-million expansion of its manufacturing operations in Europe that would boost its production capacity by more than 40%. The expansion program will be completed by July 1997. The Burbank-based company, which has customers in 20 countries, manufactures photomasks, which are quartz or glass plates used by semiconductor manufacturers as master images to transfer circuit-board patterns onto silicon wafers.
BUSINESS
June 9, 1998
Align-Rite International Inc. reported record fourth-quarter revenue of nearly $13 million, up 38% from $9.5 million in the fourth quarter of fiscal 1997. It marked the fifth consecutive quarter of growth for the Burbank-based company, which makes photo masks--glass plates used by semiconductor makers in the production of integrated circuits. Revenue for the fiscal year that ended March 31 rose 23% to $46.7 million from $38 million the previous year.
BUSINESS
March 26, 1996
Align-Rite International Inc. in Burbank signed a five-year joint marketing effort with a Taiwanese concern, Innova Inc., which supplies products to the semiconductor industry. Align-Rite manufactures photo masks, which are quartz plates used by semiconductor manufacturers as master images to transfer circuit patterns onto silicon wafers. Align-Rite primarily markets its products to the U.S. and Europe, and its deal with Innova will expand its presence in the Pacific Rim.
BUSINESS
December 12, 1995
Align-Rite International Inc., a Burbank maker of equipment used in the manufacture of semiconductors, said it will expand its leased manufacturing facilities in Burbank during the next year. The $9-million expansion will increase the company's manufacturing capacity by 50%. Chief financial officer Peter Katurich said the expansion is prompted by increased demand for the company's products, called photomasks, due to the rapid growth of the semiconductor market.
BUSINESS
November 3, 1998
Burbank-based Align-Rite International posted record revenue and earnings for the fiscal 1999 second quarter, the company reported. Revenue for the second quarter increased 22% to $13.99 million from $11.42 million in the second quarter of fiscal year 1998. Net income for the 1999 second quarter rose by 21% to $1.81 million or 37 cents per share, from 1998's $1.49 million or 31 cents per share. For the six months that ended Sept. 30, revenue increased 26% to $27.68 million, from $22.
BUSINESS
August 11, 1998
Increased efficiency and strong global demand helped propel Align-Rite to post record first-quarter revenue and earnings figures, the company reported. First-quarter revenue was $13.69 million, up nearly 30% from the year-ago quarter. Net income for the first quarter rose by 23% to $1.78 million, or 36 cents per diluted share, compared with $1.45 million, or 30 cents per diluted share in the year-ago first quarter.
BUSINESS
June 9, 1998
Align-Rite International Inc. reported record fourth-quarter revenue of nearly $13 million, up 38% from $9.5 million in the fourth quarter of fiscal 1997. It marked the fifth consecutive quarter of growth for the Burbank-based company, which makes photo masks--glass plates used by semiconductor makers in the production of integrated circuits. Revenue for the fiscal year that ended March 31 rose 23% to $46.7 million from $38 million the previous year.
BUSINESS
February 3, 1998
Align-Rite International Inc. posted a 19% jump in its third-quarter net income on a 24% increase in revenues. In the period ending Dec. 31, Align-Rite's net income was $1.48 million, compared with $1.25 million a year earlier, and its revenues in the latest quarter climbed to $11.7 million, up from $9.4 million. For its nine-month period, the company's net income rose 12% to $4.4 million, compared with a profit of $3.
BUSINESS
December 16, 1997
Align-Rite International Inc. expects a slight decline in revenues and earnings this quarter compared to its record performance in the quarter ended September. 30. For its third quarter, which ends December. 31, net earnings are expected to be 29 or 30 cents per share, compared to estimates by financial analysts of 33 cents. The company expects the shortfall to be temporary, attributing it to a slowdown in orders from four U.S.
BUSINESS
November 4, 1997
Burbank-based Align-Rite International Inc. posted its second-highest income and sales in company history during its second quarter. Earnings for the three months that ended Sept. 30 were $1.5 million, up 7% from $1.4 million a year ago, while sales rose to $11.4 million, up 19% from $9.6 million in 1996. For the six months, Align-Rite reported earnings of $2.9 million, up 7% from $2.7 million in 1996, and sales of $22 million, up 15% from $19.2 million a year earlier.
BUSINESS
September 3, 1996
Align-Rite International Inc. posted a 27% jump in net income in its first quarter on a 24% rise in revenues. The Burbank-based concern had a profit of $1.34 million for the quarter that ended June 30, compared with a $1.06-million profit in the same period a year earlier. Revenues in the first quarter climbed to $9.5 million, up from $7.7 million last year.
BUSINESS
June 4, 1996
Align-Rite International Inc. posted record net income and record revenue for its fiscal year that ended March 31. The Burbank-based company posted net income of $4.96 million for the year, a 45% increase from net income of $3.42 million in 1995. Revenue for the latest year rose 31% to $33.3 million, up from $25.4 million a year earlier. In the fourth quarter, Align-Rite's profit climbed 12% to $1.33 million, up from $1.19 million last year. Sales in the latest quarter jumped 29% to $8.
BUSINESS
June 10, 1997
Align-Rite International Inc. posted $5.3 million in net income for its fiscal year ended March 31, a 6% increase over last year's results of $5 million. Sales for the Burbank company reached a record $38 million for the year, up 14% from $33.3 million in 1996. In Align-Rite's fourth quarter, net income was $1.36 million, compared to $1.33 million a year earlier. Revenues for the latest quarter rose to $9.4 million from $9 million.
BUSINESS
November 12, 1996
Align-Rite International Inc. posted a 12% rise in its net income on a 20% jump in revenues in its second quarter that ended Sept. 30. The Burbank-based maker of photomasks, which are plates used by semiconductor makers to transfer circuit patterns onto silicon chips, posted net income of $1.38 million, up from $1.23 million a year earlier. Revenues in the latest quarter rose to $9.7 million, up from $8 million a year ago. For its six-month period, Align-Rite's net income climbed 19% to $2.
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