Electro Scientific Has Another Blast-Out Quarter

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.

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