Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why Rudolph Technologies Shares Slipped

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Rudolph Technologies (NYSE: RTEC  ) fell as much as 11% after the software-maker missed estimates in its quarterly earnings report.

So what: Earnings per share of $0.17 were $0.02 short of the Street's expectations, while revenue of $54.3 million was off by about 5%. Sales were up 25% from a year ago, but down sequentially as full-year revenue increased by 17%. CEO Paul McLaughlin had nothing but positive remarks, saying, "We closed the year having delivered solid operating results and wins on a number of fronts," though he did acknowledge softness in capital spending in the industry. In December, Rudolph acquired Azores, which allowed it to strengthen its positioning in the advanced packaging market.

Now what: As a small company, Rudolph seems to be getting punished a little more for an earnings miss. Growth is still solid, the company outperformed the overall semiconductor industry, and its valuation is average at a P/E of 16. I'd say today's response was an overreaction.

Want more info on this company? Add Rudolph Technologies to My Watchlist.

Read/Post Comments (1) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On February 06, 2013, at 12:24 PM, 5128 wrote:

    a most logical repsonse to the drop in RTEC as opposed to the speculative and biased response knocking RTE. I could not help believing that there was a sinister motive in the negative response.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2237580, ~/Articles/ArticleHandler.aspx, 9/27/2016 3:16:10 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,220.39 125.56 0.69%
S&P 500 2,159.10 13.00 0.61%
NASD 5,302.06 44.57 0.85%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 2:57 PM
RTEC $17.58 Up +0.02 +0.11%
Rudolph Technologi… CAPS Rating: ****