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Last $1.38 USD
Change Today -0.02 / -1.43%
Volume 41.9K
RBCN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:19 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

rubicon technology inc (RBCN) Snapshot

Open
$1.40
Previous Close
$1.40
Day High
$1.44
Day Low
$1.35
52 Week High
09/2/14 - $6.44
52 Week Low
08/11/15 - $1.26
Market Cap
36.2M
Average Volume 10 Days
70.3K
EPS TTM
$-1.48
Shares Outstanding
26.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for RUBICON TECHNOLOGY INC (RBCN)

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rubicon technology inc (RBCN) Details

Rubicon Technology, Inc., an electronic materials provider, develops, manufactures, and sells monocrystalline sapphire and other crystalline products for light-emitting diodes (LEDs), radio frequency integrated circuits (RFICs), optoelectronics, and other optical applications. The company’s products include two to six inch sapphire cores for use in LED applications and into components, such as lens covers for mobile devices; four and six-inch sapphire wafers that are used as substrates for the manufacture of LED chips, as well as for other semiconductor applications, including silicon-on-sapphire RFICs; four, six, and eight-inch patterned sapphire wafers, which are polished wafers to produce a patterned surface that enhances LED light extraction efficiency; and optical sapphire products that are used in equipment for a range of end markets comprising defense and aerospace, medical devices, oil and gas drilling, semiconductor manufacturing, and other markets. It also offers optically-polished windows and ground window blanks of sapphire. The company sells its products directly to semiconductor device manufacturers, and wafer polishing companies in Asia, Australia, North America, and Europe. Rubicon Technology, Inc. was incorporated in 2001 and is headquartered in Bensenville, Illinois.

283 Employees
Last Reported Date: 03/13/15
Founded in 2001

rubicon technology inc (RBCN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $293.1K
Chief Financial Officer, Treasurer and Secret...
Total Annual Compensation: $165.2K
Compensation as of Fiscal Year 2014.

rubicon technology inc (RBCN) Key Developments

Rubicon Technology, Inc. Enters into First Amendment Agreement with Silicon Valley Bank

On August 6, 2015, Rubicon Technology, Inc. entered into a First Amendment Agreement (the Amendment) with Silicon Valley Bank (the Lender), which amends the Loan and Security Agreement dated as of January 2, 2013 (the Loan Agreement) by and between the Company and the Lender. The Amendment extends the maturity date from January 2, 2016 to January 2, 2018 and amends the calculation of the Unused Revolving Line Facility Fee (as defined in the Loan Agreement). The Amendment also modifies the definition of Borrowing Base to amend the calculation of the amount and broadens the definition of Eligible Foreign Accounts to include additional accounts.

Rubicon Technology, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015

Rubicon Technology, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $7.11 million compared to $14.47 million a year ago. Loss from operations was $8.32 million compared to of $10.18 million a year ago. Loss before income taxes was $8.53 million compared to $9.98 million a year ago. Net loss was $5.58 million or $0.33 per basic and diluted share compared to $9.98 million or $0.39 per basic and diluted share a year ago. Net cash used in operating activities was $5.08 million compared to $2.47 million a year ago. Purchases of property and equipment were $0.108 million compared to $2.69 million a year ago. The reduction in revenue was primarily due to lower volume and pricing, particularly for 2-inch core. Core revenue decreased from $5.1 million in the prior quarter to $4 million. For the six months, the company reported revenue of $16.02 million compared to $28.74 million a year ago. Loss from operations was $16.27 million compared to of $21.10 million a year ago. Loss before income taxes was $16.84 million compared to $20.87 million a year ago. Net loss was $16.93 million or $0.65 per basic and diluted share compared to $20.88 million or $0.82 per basic and diluted share a year ago. Net cash used in operating activities was $9.09 million compared to $6.94 million a year ago. Purchases of property and equipment were $0.34 million compared to $4.61 million a year ago. The company provided earnings guidance for the third quarter of 2015. The company expects the challenging market to continue in the third quarter. While PSS wafer sales are expected to increase, visibility on two-inch and four-inch core sales is limited, so third quarter revenue is expected to be at or below second quarter levels. Revenue from PSS sales is expected to continue to grow in the fourth quarter and the company believes demand for two-inch and four-inch core should also strengthen in the fourth quarter.

Rubicon Technology, Inc. Presents at Oppenheimer 18th Annual Technology, Internet & Communications Conference 2015, Aug-12-2015 02:25 PM

Rubicon Technology, Inc. Presents at Oppenheimer 18th Annual Technology, Internet & Communications Conference 2015, Aug-12-2015 02:25 PM. Venue: Four Seasons Hotel, 200 Boylston Street, Boston, MA 02116, United States. Speakers: William F. Weissman, Chief Executive Officer, President and Director.

 

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Valuation RBCN Industry Range
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Price/Sales 1.2x
Price/Book 0.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
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