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Last €38.51 EUR
Change Today 0.00 / 0.00%
Volume 0.0
CTD On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 1:29 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

cabot microelectronics corp (CTD) Snapshot

Open
€38.28
Previous Close
€38.51
Day High
€38.98
Day Low
€38.20
52 Week High
03/13/15 - €48.20
52 Week Low
08/4/14 - €29.39
Market Cap
952.0M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
24.7M
EX-Date
03/2/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CABOT MICROELECTRONICS CORP (CTD)

cabot microelectronics corp (CTD) Related Businessweek News

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cabot microelectronics corp (CTD) 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 (CTD) 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 (CTD) Key Developments

Cabot Microelectronics Corporation Provides Earnings Guidance for the Third Quarter, Year to Date Ended June 30, 2015 and Full Year 2015

Cabot Microelectronics Corporation provided earnings guidance for the third quarter, year to date ended June 30, 2015 and full year 2015. For the third quarter, the company expects to report revenue of approximately $97 million, gross profit margin of approximately 50% of revenue, and diluted earnings per share of approximately $0.39. These preliminary results include approximately $1.4 million of costs related to certain raw material that does not meet the company’s quality requirements, and a higher effective tax rate compared to the same quarter last year, primarily related to jurisdictional mix of earnings. Effective tax rate is expected to be approximately 29%, compared to roughly 24% in the same quarter last year. The expected increase is primarily related to jurisdictional mix of earnings. Diluted earnings per share of approximately $0.39. For the year to date, the gross profit margin is expected to be approximately 51%, compared to roughly 47% last year. Diluted earnings per share are expected to be approximately $1.75, including the combined $0.07 per share adverse impact of the material quality costs and higher tax rate, compared to $1.39 last year, which included a $0.06 adverse impact associated with an asset impairment charge. For the full year 2015, the company now expects gross profit margin to be between 50% and 51% of revenue. Previously the company had indicated it expected to achieve the upper end of its prior guidance range of 48% to 50% of revenue. Effective tax rate is now expected to be within the range of 20% to 22%, which is higher than its previous estimate of 16% to 18%.

Cabot Microelectronics Corporation Presents at 7th Annual CEO Investor Summit 2015, Jul-15-2015

Cabot Microelectronics Corporation Presents at 7th Annual CEO Investor Summit 2015, Jul-15-2015 . Venue: W Hotel, San Francisco, California, United States.

Cabot Microelectronics Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Year-To-Date Ended March 31, 2015; Re-Affirm Capital Expenditure Guidance for the Year 2015

Cabot Microelectronics Corporation reported unaudited consolidated earnings results for the second quarter and year-to-date ended March 31, 2015. For the quarter, the company achieved revenue of $104.9 million, 5% higher than the same quarter last year. Diluted earnings per share were $0.55 this quarter, which represents an increase of 37.5% compared to $0.40 reported in the second quarter of fiscal 2014. Capital investments for the quarter were $2.8 million, bringing year-to-date capital spending to $5.3 million. The company generated cash flow from operations of $27 million. Operating income was $19.472 million compared to $14.614 million a year ago. Income before income taxes was $18.081 million compared to $13.874 million a year ago. Income available to common shareholders was $13.628 million compared to $9.962 million a year ago. Net income increased primarily due to a higher gross profit margin, including the absence of the asset impairment charge, and higher revenue, partially offset by higher operating expenses. Year-to-date, revenue of $216.8 million represents an 8.4% increase from the prior year. Year-to-date, diluted earnings per share were $1.36, which represents an increase of 58.1% compared to $0.86 last year, which included the asset impairment charge. Operating income was $42.038 million compared to $30.324 million a year ago. Income before income taxes was $40.798 million compared to $29.329 million a year ago. Income available to common shareholders was $33.397 million compared to $21.200 million a year ago. As of March 31, 2015, the company's cash balance net of debt outstanding was $165.2 million. The company continues to expect effective tax rate for full fiscal year 2015 to be within the range of 16% to 18%. For the full fiscal year, the company continues to expect capital spending to be within the range of $10 million to $15 million. Depreciation and amortization expense for the quarter was $4.6 million.

 

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CTD

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Valuation CTD Industry Range
Price/Earnings 16.7x
Price/Sales 2.3x
Price/Book 2.4x
Price/Cash Flow 16.7x
TEV/Sales 1.2x
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