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09 August 2010 |
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Aixtron recently announced the consolidated financial results for the first half of 2010.
Key Financials
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H1 2010 |
H1 2009 |
Change |
Q2 2010 |
Q2 2009 |
Change |
| Revenue |
346.3 |
102.9 |
237% |
191.8 |
56.7 |
238% |
| Gross Profit |
183.9 |
44.5 |
313% |
105.9 |
23.50 |
351% |
| Operating result (EBIT) |
106.9 |
12.3 |
769% |
60.6 |
4.7 |
1189% |
| Net result |
74.1 |
8.8 |
742% |
42.3 |
3.3 |
-55% |
| Net result per share - basic(€) |
0.74 |
0.10 |
630% |
0.42 |
0.04 |
-50% |
Key points from the financial statement:
- Q2/2010 saw a continuation of the positive growth trend in revenues and profitability seen in prior quarters. Supported by ongoing high system demand, mainly fuelled by High Brightness LED backlighting and lighting applications and positively influenced by the stronger US Dollar, Q2/2010 revenues increased by 24% over the first quarter from EUR 154.5m to EUR 191.8m.
- In line with Management expectations; equipment orders continued to be recorded on a very high level (Q1/2010 EUR 168.5m; Q2/2010 EUR 175.4m) continuing the strong demand trend previously predicted.
- Approximately 8% of the LED system orders recorded in H1/2010 were for our new generation systems, launched in Q1/2010.
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09 August 2010 |
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Universal Display Corporation (UDC) has announced its results for the quarter and half year ended 30 June 2010.
UDC results for quarter and half year ended 30 June 2010 (US$ millions) |
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Q2 2010 |
Q2 2009 |
H1 2010 |
H1 2009 |
| Commercial revenue |
2.0 |
1.2 |
3.8 |
2.6 |
| Developmental revenue |
6.5 |
1.7 |
8.9 |
3.2 |
| Total revenue |
8.5 |
3.0 |
12.7 |
5.8 |
| Total Operating expenses |
10.4 |
9.2 |
18.8 |
18.1 |
| Operating loss |
(1.9) |
(6.3) |
(6.1) |
(12.3) |
| Net loss |
(4.4) |
(6.4) |
(7.4) |
(12.0) |
Key points from the financial statement:
Cash used in operating activities for the six months ended June 30, 2010 was $2,757,981, compared to $8,798,154 for the six months ended June 30, 2009. The improvement in cash used in operating activities was mainly attributable to the growth in revenues, partially offset by an increase in operating costs. The Company's balance sheet remained strong at quarter end, with cash, cash equivalents and short-term investments of $66,092,924 as of June 30, 2010, up over $2 million compared to cash, cash equivalents and short-term investments of $63,874,081 as of December 31, 2009.
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12 July 2010 |
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Bayer Technology Services GmbH (BTS) and the Excellence Cluster for the Engineering of Advanced Materials - Hierarchical Structure Formation for Functional Devices (EAM) at the University of Erlangen-Nürnberg have signed a cooperation agreement.
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12 July 2010 |
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Thin Film Electronics (ThinFilm) has published a notice regarding the exercise of Warrants in ThinFilm and the share capital increase registered on 17 June 2010. Following the share capital increase, Thinfilm's registered share capital is NOK 25,963,522.64 divided into 236,032,024 ordinary shares each having a par value of NOK 0.11. There are 19,564,675 outstanding Warrants, and these are exercisable in the period 1 September-6 November 2010.
www.thinfilm.se |
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28 June 2010 |
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Photonis Technologies has announced that the company has acquired a 51% stake in MicroOLED, developers of OLED based microdisplays.
MicroOLED designs and manufactures high-performance micro-displays for near-to-eye applications. The company’s core business consists of highly integrated micro-displays for use in defense systems for dismounted soldier head-up displays, in OEM instrumentation, in video glasses for mobile HD and 3D applications, and viewfinders for cameras.
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28 June 2010 |
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Yuan Tai Technologies Inc. has recently announced that it has changed the international version of its name from Prime View International (PVI) to E Ink Holdings Incorporated (E Ink).
E Ink Holdings Inc. will offer its ePaper products under the brand name 'E Ink' and its LCD products under the brand name 'Hydis'. According to the announcement the company has over 20 million electronic paper displays in the field, the company's E Ink-branded ePaper displays are used in applications such as eBooks, eNewspapers, eTextbooks, Wristwatches, Smart Cards, Shelf Labels, Battery/Memory Indicators, Mobile Phones, Public Information and Promotional Signs. E Ink is now the world's largest supplier of displays to the eBook market.
Dr. Scott Liu, Chairman and CEO of E Ink Holdings Inc., said, "The E Ink name is synonymous with the ePaper industry that we pioneered and in which we enjoy a leadership position." Dr. Scott Liu, added, "We are now a globally recognized brand name and aim to have our displays on every smart surface."
E Ink is continuing to make major investments in research, development and capacity expansion to support the growing demand for its LCD and ePaper products.
www.pvi.com.tw www.eink.com |
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21 June 2010 |
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Arrowhead Research Corp. (ARWR) has said that the Company has priced and received firm commitments for a registered direct offering to raise $8.65 million through the sale of 6.6 million shares of its common stock, and warrants to purchase 3.3 million shares of common stock. The stock and warrants will be sold in units, at a price of $1.312 per unit.
The warrants have an exercise price of $1.65 per share of common stock, with an exercise term of five years, and are exercisable commencing 6 months following the closing of the offering.
Use of proceeds includes additional investments in current subsidiaries, new investments, and operating expenses. The closing is expected to take place on or about June 22.
www.arrowheadresearch.com |
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21 June 2010 |
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Armor has recently announced the launch of project OSCAR (Organic Solar Cells by ARmor). The OSCAR project is made up of a consortium of five companies; Armor (project initiator and project leader), INES (Institut National de l'Energie Solaire), LCPO (Laboratoire de Chimie des Polymères Organiques), Plasto SAS and Amcor Flexibles Europe & Americas.
The new organic photovoltaic cells are expected to be ready to market by 2014.
www.amcor.com www.ines-solaire.com www.lcpo.fr www.plasto.fr |
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