Cabot Microelectronics Corp. Earnings Rise 100% In Q2

(RTTNews) - Cabot Microelectronics Corp. (CCMP) revealed a profit for its second quarter that climbed from last year.

The company said its bottom line advanced to $18.28 million, or $0.71 per share. This was higher than $9.13 million, or $0.37 per share, in last year's second quarter.

The company said revenue for the quarter rose 20.1% to $119.18 million. This was up from $99.24 million last year.

Cabot Microelectronics Corp. earnings at a glance:

-Earnings (Q2): $18.28 Mln. vs. $9.13 Mln. last year. -Earnings Growth (Y-o-Y): 100.2% -EPS (Q2): $0.71 vs. $0.37 last year. -EPS Growth (Y-o-Y): 91.9% -Revenue (Q2): $119.18 Mln vs. $99.24 Mln last year. -Revenue Change (Y-o-Y): 20.1%