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What: Shares of silicon wafer testing expert Nanometrics
So what: Nanometrics fell just short of analyst expectations on both the top and the bottom lines, though the company did show strong growth and stable margins. Management doesn't indulge in issuing guidance figures, but sometimes you just can't please opinionated analysts.
Now what: The company draws sales from multiple end markets, including the manufacture of solar panels, LED lights, and semiconductor chips. At least two of those markets have solid long-term futures, and the chip sector isn't too shabby either. I'm inclined to agree with Nanometrics CEO Tim Stultz when he says the business model will "enable Nanometrics to deliver financial performance consistent with being an industry leader" in the long term.
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Fool contributor Anders Bylund doesn't hold a position in any of the companies discussed here. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.