Credence Systems Corp (CMOS)

[OptionMonster]

Intresting at a 52 week low with this....

For fiscal 2007, net sales were $461.1 million, down 6.5 percent from net sales of $493.4 million in the fiscal year ended October 31, 2006. The company achieved a net profit for fiscal 2007 of $12.5 million, or $0.12 per share. This represents the company's first profitable year in six years. This compares to a net loss of $481.6 million, or $4.82 per share in fiscal 2006. In addition, Credence more than doubled its cash and investments on the balance sheet to $242.1 million, compared with $102.8 million at the end of fiscal 2006.