, customer
relationships and results of operations. We are not insured against natural
disasters and power shortages and the occurrence of such an event could have a
material adverse impact on our business, financial condition and results of
operations.
Our manufacturing activities consist of assembling and
testing components and subassemblies, which are then integrated into finished
systems. We rely on a limited number of outside suppliers and subcontractors to
manufacture certain components and subassemblies. We order one of the most
critical components of our technology, the glass for our 1X lenses, from
external suppliers. We design the 1X lenses and provide the lens...
For the fourth quarter of fiscal 2010, Ultratech, Inc. (NASDAQ:UTEK) reported net sales today of $43.6 million as compared to $26.6 million during the fourth quarter of fiscal 2009. Ultratech’s net income for the fourth quarter of 2010 was $6.3 million, as compared to net income of $1.4 million for the same quarter last year. Ultratech’s net sales for the year ended December 31, 2010 were $140.6 million, as compared to $95.8 million read more