News

ATMI Reports Fourth-Quarter 2003 Results

February 05, 2004 by Jeff Shepard

ATMI Inc. (Danbury, CT), a supplier of materials and packaging to semiconductor manufacturers, announced financial results for its fourth quarter, and for the year 2003. Revenues from continuing operations were $52.4 million in the fourth quarter, up 24 percent sequentially from the third quarter, and 41 percent greater than the fourth quarter of last year.

Net loss was $10.8 million in the third quarter of 2003, or $0.36 per diluted share, which included a loss from discontinued operations, including special charges, of $0.19 per share. For the fourth quarter of last year, net loss was $1.8 million, or $0.06 per diluted share.

For 2003, revenues from continuing operations were $171.6 million, up 25 percent from $137 million in 2002. Income from continuing operations was $2 million, or $0.06 per diluted share, including a $0.12 per share net charge for special items during 2003 consisting of the one-time tax benefit, offset by the investment write-down, and other special charges recognized in the previous quarters of this past year.