Cabot Microelectronics Corp. Q3 adjusted earnings of $1.37 per share

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

The company's profit totaled $35.17 million, or $1.34 per share. This compares with $19.89 million, or $0.77 per share, in last year's third quarter.

Excluding items, Cabot Microelectronics Corp. reported adjusted earnings of $35.98 million or $1.37 per share for the period.

The company's revenue for the quarter rose 17.6% to $150.44 million from $127.96 million last year.

Cabot Microelectronics Corp. earnings at a glance:

-Revenue (Q3): $150.44 Mln vs. $127.96 Mln last year.

-Guidance: Full year EPS guidance: $3.74 Full year revenue guidance: $433.4 Mln