Semitool F2Q09 (Qtr End 3/31/09) Earnings Call Transcript

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2009-04-28 15:42:14.0

Tags: Cancellation, Call Transcript, Quarter, Earnings, Flash Memory, Operational Accounting, Finance, Seeking Alpha, Semitool Inc.

Question-and-Answer Session

Operator

(Operator Instructions). Your first question comes from the line of Graham Tanaka with Tanaka Capital Management.

Graham Tanaka - Tanaka Capital Management

Yeah. Hi guys, just, if you could just ramp up today on what happened in terms of push-outs, or whether there're any cancellations or push-outs in the quarter? And also a little bit more about the order that was maybe I guess deferred into there or the shipments that were deferred into the current quarter? Thanks.

Ray Thompson

Yeah Graham, there were four tools that we saw during the quarter. Two of those, excuse me, one of those is probably cancellations. Don't have which cancellation at this point yet. And the other is the one that did go out, went through an Asian memory customer and it's already shipped.

Graham Tanaka - Tanaka Capital Management

And were these all in memory or there is some foundry or logic or both?

Ray Thompson

Foundry and memory.

Graham Tanaka - Tanaka Capital Management

Foundry and memory, okay.

Ray Thompson

Yeah.

Graham Tanaka - Tanaka Capital Management

And then what was the through-silicon via activity during the quarter?

Ray Thompson

We received one order in the quarter for our TSV application, Graham in Asia, actually that was in U.S., I'm sorry.

Graham Tanaka - Tanaka Capital Management

Great. Thank you.

Ray Thompson

Sure.

Operator

Your next question comes from the line Benjamin Pappas with Davidson.

Benjamin Pappas - D.A. Davidson

Housekeeping items, one is can we get the depreciation and amortization for the quarter?

Larry Viano

Yes, for the quarter it was 3.3 million.

Benjamin Pappas - D.A. Davidson

Okay, great. And then...

Larry Viano

Ben that also includes option expense reduction on cash.

Benjamin Pappas - D.A. Davidson

Okay, that was about 300 probably?

Larry Viano

300, exactly.

Benjamin Pappas - D.A. Davidson

Okay. And then the margin for next quarter, should we look at it kind of like your fiscal Q1 at a similar revenue level would have been on that (ph)?

Larry Viano

Actually, we think margins next quarter are going to be an improvement over this quarter, but they're still are going to be in the low 40s.

Benjamin Pappas - D.A. Davidson

Low 40s, okay. So then, you won't get into the 42.5 range at the midpoint revenue guidance?

Larry Viano

We're going to be -- let me remember, it's going to be 42 to 43.

 

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