Ceramic Industry News

Coorstek Updates Outlook for Second Quarter 2001

CoorsTek, Inc. recently updated its outlook for the second quarter of 2001. The company is projecting revenue of $102 to $104 million, in line with earlier guidance, and gross margins of around 16% versus 18%. Selling, general and administrative expenses (SG&A) of approximately $17 million, which includes research and development expenses, is also in line with guidance. SG&A excludes a previously disclosed $3.6 million after-tax, non-cash charge related to a change in retiree benefits. The second quarter revenue outlook reflects continued weakness in the semiconductor capital equipment industry and an unprecedented downturn in the telecommunications industry. Factors contributing to the decreased gross margin include a product shift toward more semiconductor assembly business and severance costs related to reductions in workforce.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

October 2014 Issue Highlights

Our October 2014 issue is now available!

Posted: January 29, 2015


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI January 2015 cover

2015 February

You won't want to miss this issue, which includes our annual R&D Lab Equipment and Instrumentation Directory!

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!