| Business Summary | | Credence
Systems
Corporation
designs,
manufactures,
sells
and
services
automatic
test
equipment
(ATE)
used
for
testing
semiconductor
integrated
circuits
(ICs).
The
Company
also
develops,
licenses
and
distributes
related
software
products.
Credence
serves
a
broad
spectrum
of
the
semiconductor
industry's
testing
needs
through
a
wide
range
of
products
that
test
digital
logic,
mixed-signal,
non-volatile
memory
and
radio
frequency
semiconductors.
The
Company
utilizes
its
proprietary
technologies
to
design
products
that
are
intended
to
provide
a
lower
total
cost
of
ownership
than
many
competing
products
currently
available
while
meeting
the
increasingly
demanding
performance
requirements
of
the
ATE
market.
Its
products
are
primarily
designed
to
test
semiconductors
that
are
produced
in
high
volume.
Its
customers
include
major
semiconductor
manufacturers
as
well
as
assembly
and
test
services
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Credence
Systems
Corp.
designs,
manufactures,
sells
and
services
automatic
test
equipment
used
in
the
production
of
semiconductors.
CMOS
also
develops,
licenses
and
distributes
related
software
products.
For
the
six
months
ended
4/30/01,
net
sales
fell
35%
to
$166.5
million.
Net
loss
totaled
$29
million
vs.
an
income
of
$50.4
million.
Results
reflect
a
dramatic
downturn
in
the
semiconductor
sector,
a
$45
million
excess
inventory
charge
and
increased
amortization. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
18,762;
after
tax
earnings
were
-22,439. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Graham Siddall, 54 Chairman,
CEO | $1.3M | $985K | David Ranhoff, 44 Pres,
COO | 688K | 5.3M | John Detwiler, 39 CFO,
Sr. VP, Sec. | -- | -- | Dave O'Brien, 43 Sr.
VP, CIO | -- | -- | George DeGeer, 53 Sr.
VP, of the Consumer Mixed Signal Bus. Line | -- | -- | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|