Ultratech Posts Q4 Loss - Quick Facts

(RTTNews) - Ultratech Inc. (UTEK) reported a fourth-quarter net loss of $20.6 million, or $0.73 per share, compared to net income of $13.4 million, or $0.48 per share, last year. The company's net loss for the quarter includes an expense of $0.22 per share due to an inventory reserve taken in connection with inventory write-downs.

On average, five analysts polled by Thomson Reuters expected the company to report a loss per share of $0.31 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $24.0 million, compared to $65.6 million, a year ago. Analysts expected revenue of $28.05 million, for the quarter.