MTSN Mattson beats by $0.03, beats on revs (2.38 -0.07)
Reports Q1 (Mar) loss of $0.01 per share, $0.03 better than the Capital IQ Consensus Estimate of ($0.04); revenues rose 7.4% year/year to $50.5 mln vs the $46.03 mln consensus. "The first quarter of 2012 was a solid start for Mattson Technology driven by a strong increase in sales. "We approached breakeven for the quarter, and our efforts to improve gross margins and reduce operating expenses are on track to bring the Company into profitability during the year. At the same time that we are improving our financial performance, we also have extended our growth potential."
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