FSI International, Inc. (NASDAQ:FSII) has released the financial results for the first quarter of fiscal 2010 ended November 28, 2009. The company reported its fiscal 2010 sales at $14.6 million, 19% more than the $12.2 million earned for the year ago period. The company’s net loss was reported as $55,000, or $0.00 per share, versus the net loss of $5.3 million, or 40.17 per share for the same period of the previous year.
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The company held a conference call on Tuesday, December 22 to review the financial results. Interested parties may listen to a telephone replay of the presentation by dialing 800.947.5189. The full financial results will also be available for review on the company’s website, www.fsi-intl.com.
FSI International, Inc. (FSI) designs, manufactures, markets and supports equipment used in the fabrication of microelectronics, such as advanced semiconductor devices. During the fiscal year ended August 29, 2009 (fiscal 2009), the Company provided surface conditioning technology solutions and microlithography systems and support services to worldwide manufacturers of integrated circuits. FSI manufactures, markets and supports surface conditioning equipment that uses wet, cryogenic and other chemistry techniques to clean, strip or etch the surfaces of silicon wafers and supplies refurbished microlithography products that are used to deposit and develop light sensitive films. FSI directly sells and services its products in North America, Europe, and the Asia Pacific region, except for Japan. In Japan, its products are sold and serviced through Apprecia Technology, Inc. (Apprecia), a company in which FSI maintains a 20% equity ownership.
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