Rubicon Technology Q2 Loss Widens

(RTTNews) - Rubicon Technology Inc. (RBCN) Thursday reported second-quarter net loss of $9.98 million or $0.39 per share, wider than the loss of $5.89 million or $0.26 per share in the prior year period.

On average, nine analysts polled by Thomson Reuters expected the company to report a loss of $0.42 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue rose to $14.47 million from $10.56 million last year, while nine analysts expected revenues of $14.40 million.

Looking ahead to the third quarter, the company expects a loss per share between $0.39 and $0.44. Analysts currently expect a second quarter loss of $0.27 per share.