Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $43.39 USD
Change Today +0.49 / 1.14%
Volume 127.8K
CCMP On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

cabot microelectronics corp (CCMP) Snapshot

Open
$43.15
Previous Close
$42.90
Day High
$43.88
Day Low
$42.80
52 Week High
02/12/15 - $53.37
52 Week Low
10/15/14 - $39.52
Market Cap
1.1B
Average Volume 10 Days
125.6K
EPS TTM
$2.39
Shares Outstanding
24.4M
EX-Date
03/2/12
P/E TM
18.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for CABOT MICROELECTRONICS CORP (CCMP)

cabot microelectronics corp (CCMP) Related Businessweek News

No Related Businessweek News Found

cabot microelectronics corp (CCMP) Details

Cabot Microelectronics Corporation develops, manufactures, and sells polishing slurries and pads used in the manufacture of advanced integrated circuit (IC) devices in the semiconductor industry. The chemical mechanical planarization (CMP) technology is a polishing process used by IC device manufacturers to planarize or flatten the multiple layers of material that are deposited upon silicon wafers. The company offers CMP slurries, which are liquid solutions composed of high-purity deionized water, proprietary chemical additives, and engineered abrasives that chemically and mechanically interact with the surface material of the IC device at an atomic level; and CMP pads that are engineered polymeric materials designed to distribute and transport the slurry to the surface of the wafer and distribute it evenly across the wafer. Its CMP slurries are used for polishing various materials that conduct electrical signals, including tungsten, copper, tantalum, and aluminum; and certain materials that are used in the production of rigid disks and magnetic heads for hard disk drives, as well as used in the dielectric insulating materials that separate conductive layers within logic and memory IC devices. The company also designs and produces precision polishing and metrology systems to attain shape and surface finish on various optical components, such as mirrors, lenses, and prisms. It serves the producers of logic IC devices or memory IC devices, and providers of IC foundry services. The company operates in the United States, Asia, and Europe. Cabot Microelectronics Corporation was founded in 1999 and is headquartered in Aurora, Illinois.

1,054 Employees
Last Reported Date: 11/19/14
Founded in 1999

cabot microelectronics corp (CCMP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $435.7K
Executive Chairman
Total Annual Compensation: $990.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $521.6K
Vice President, General Counsel and Secretary
Total Annual Compensation: $551.1K
Chief Technology Officer and Vice President
Total Annual Compensation: $424.4K
Compensation as of Fiscal Year 2014.

cabot microelectronics corp (CCMP) Key Developments

Cabot Microelectronics Corporation Presents at Jefferies Semiconductors, Hardware & Communications Infrastructure Summit, Aug-26-2015

Cabot Microelectronics Corporation Presents at Jefferies Semiconductors, Hardware & Communications Infrastructure Summit, Aug-26-2015 . Venue: Ritz Carlton Hotel, Chicago, Illinois, United States.

Cabot Microelectronics Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2015; Revised Earnings Guidance for Fiscal 2015

Cabot Microelectronics Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2015.  For the quarter, total revenue was $97.2 million, 10.3% lower than $108.4 million for the same quarter last year. Operating income was $15.2 million against $18.5 million last year. Income before income taxes was $13.9 million against $17.5 million last year. Net income was $9.9 million against $13.3 million last year. Income available to common shareholders was $9.7 million against $13.1 million last year. The company recorded diluted earnings per share of $0.39 against $0.53 last year. The decrease in revenue reflects softness in demand within the global semiconductor industry, a departure from the traditional seasonal strengthening the company has historically experienced during the third fiscal quarter, and business loss of certain dielectrics slurries for mature, lower performance applications, all of which the company has previously discussed.  Compared to the same quarter last year, revenue from the company’s CMP slurries for polishing tungsten increased; revenue from all other major product areas decreased.  Foreign exchange effects reduced revenue by $2.0 million year-over-year, primarily due to the weaker Japanese yen versus the U.S. dollar. Cash flow from operations was $25.2 million. Net income decreased primarily due to lower revenue and a higher effective tax rate, partially offset by a higher gross profit margin, despite the material quality costs.  For the nine months, total revenue was $314 million against $308.3 million for the same period last year. Operating income was $57.2 million against $48.8 million last year. Income before income taxes was $54.7 million against $46.9 million last year. Net income was $43.6 million against $34.7 million last year. Income available to common shareholders was $43.2 million against $34.4 million last year. The company recorded diluted earnings per share of $1.75 against $1.39 last year. Revenue was 1.8% higher than last year, reflecting higher revenue from the company’s CMP slurries for polishing tungsten and other metals, CMP polishing pads and its Engineered Surface Finishes product area, partially offset by lower revenue from slurries for dielectrics and data storage applications.  Year to date revenue includes a $4.5 million adverse impact associated with foreign exchange rate changes, primarily the weaker Japanese yen. The company currently expects its gross profit margin for the full year of fiscal 2015 to be between 50% and 51% of revenue, including the material quality costs; previously, the company had indicated it expected to achieve the upper end of its prior guidance range of 48% to 50% of revenue.  The company currently expects its effective tax rate for the fourth quarter and full fiscal year to be within the range of 20% to 22%.  Previously, the company had estimated 16% to 18% for the full fiscal year.

Cabot Microelectronics Seeks Acquisitions

Cabot Microelectronics Corporation (NasdaqGS:CCMP) is seeking acquisitions. Cabot Microelectronics intends to identify and pursue attractive acquisitions in related areas.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CCMP:US $43.39 USD +0.49

CCMP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Advanced Energy Industries Inc $24.59 USD +0.48
Brooks Automation Inc $10.26 USD +0.09
II-VI Inc $16.77 USD -0.19
Rofin-Sinar Technologies Inc $24.92 USD +0.75
Veeco Instruments Inc $23.15 USD +0.92
View Industry Companies
 

Industry Analysis

CCMP

Industry Average

Valuation CCMP Industry Range
Price/Earnings 17.8x
Price/Sales 2.4x
Price/Book 2.5x
Price/Cash Flow 17.6x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CABOT MICROELECTRONICS CORP, please visit www.cabotcmp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.