Novellus Q1 income jumps 117%

Mutschler, Ann Steffora
April 2007
Electronic News;4/23/2007, Vol. 53 Issue 17, p26
Trade Publication
This article reports on the total sales of San Jose, California-based semiconductor manufacturing equipment supplier Novellus Systems, Inc. for the first quarter that ended March 31, 2007. The net income of the company increased 26.3 percent to $53.8 million. Cash, cash equivalents, restricted cash and short-term investments as of March 31, 2007 were $1 billion.


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