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Electro Scientific Has Another Blast-Out Quarter

February 27th, 2018 · No Comments

  • Electro Scientific is selling off nearly 20% on absolutely stellar results.
  • There is nothing in the figures, nor was there anything remotely concerning that surfaced during the Q3CC.
  • While not all quarters are going to be as good as these, the company is in much better shape now and is well prepared to smooth out a cyclical downturn.
  • That cyclical downturn isn’t in sight, given orders and backlog.
  • And given rising underlying demand and increasing variety of sources, the cyclical nature will be less going forward.

Source: Electro Scientific Has Another Blast-Out Quarter – Electro Scientific Industries, Inc. (NASDAQ:ESIO) | Seeking Alpha

Tags: ESIO