Cabot Microelectronics Corp. Profit Advances 7% In Q3

(RTTNews) - Cabot Microelectronics Corp. (CCMP) revealed earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line rose to $19.94 million, or $0.77 per share. This was up from $18.70 million, or $0.76 per share, in last year's third quarter.

The company said revenue for the quarter rose 18.3% to $127.96 million. This was up from $108.15 million last year.

Cabot Microelectronics Corp. earnings at a glance:

-Earnings (Q3): $19.94 Mln. vs. $18.70 Mln. last year. -Earnings Growth (Y-o-Y): 6.6% -EPS (Q3): $0.77 vs. $0.76 last year. -EPS Growth (Y-o-Y): 1.3% -Revenue (Q3): $127.96 Mln vs. $108.15 Mln last year. -Revenue Change (Y-o-Y): 18.3%