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Profile - LTX Corporation (NasdaqNM:LTXX)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials | Reports
Recent Events
Aug 28Earnings Announcement
Location
LTX Park at University Avenue
Westwood, MA 02090
Phone: (781) 461-1000
Fax: (781) 329-8836
Email: ir@ltx.com
Employees (last reported count): 717
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Semiconductors
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Index Membership
 ·S&P 400 MidCap
Ownership
·Insider and 5%+ Owners: 12%
·Over the last 6 months:
 · 7 insider sells; 138.0K shares
  (2.3% of insider shares)
·Institutional: 82% (93% of float)
(328 institutions)
·Net Inst. Buying: 2.86M shares (+6.74%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
LTX Corporation designs, manufactures and markets automatic test equipment for the semiconductor industry that is used to test system-on-a-chip, digital, analog and mixed-signal integrated circuits. The Company's Fusion product is a single test platform that can be configured to test system-on-a-chip devices, digital VLSI devices including microprocessors and microcontrollers, and analog/mixed signal devices. The Company also sells hardware and software support and maintenance services for its test systems. Fusion offers a solution for testing the full spectrum of system-on-a-chip (SOC), mixed-signal and digital devices. The Fusion test platform provides customers with the test performance and cost-efficiency in their efforts to accelerate their time-to-market for SOC, mixed-signal and digital devices. The Fusion test platform combines the Company's test station hardware with its enVision++ software. TheFusion platform is available in the Fusion HF and Fusion HT/AC configurations.
More from Market Guide: Expanded Business Description

Financial Summary
LTX Corporation designs, manufactures, and markets automatic test equipment for the semiconductor industry that is used to test system-on-a-chip, digital, analog, and mixed signal integrated circuits. For the nine months ended 4/30/01, revenues increased 28% to $271.9 million. Net income increased 5% to $38.4 million. Revenues reflect the acceptance of the Company's Fusion product strategy and repeat orders. Earnings were partially offset by higher tax provisions.

Recent Earnings Announcement
For the 3 months ended 07/31/2001, revenues were 65,551; after tax earnings were -4,958. (Preliminary; reported in thousands of dollars.)

More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Samuel Rubinovitz, 70
Chairman
--  --  
Roger Blethen, 49
CEO, Director and Pres
$1.0M$3.0M
Mark Gallenberger, 36
CFO, VP, Treasurer
--  --  
David Ring
Exec. VP of Sales
--  --  
Dollar amounts are as of 31-July-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
Statistics at a Glance -- NasdaqNM:LTXXAs of 31-Aug-2001
Price and Volume
52-Week Low
on 20-Dec-2000
$9.563
Recent Price$17.91 
52-Week High
on 8-June-2001
$32.15 
Beta2.02 
Daily Volume (3-month avg)1.03M
Daily Volume (10-day avg)609.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-31.4%
52-Week Change
relative to S&P500
-8.0%
Share-Related Items
Market Capitalization$861.8M
Shares Outstanding48.1M
Float42.3M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq*)$7.94 
Earnings (ttm)$0.67 
Earnings (mrq)-$0.10 
Sales (ttm)$6.75 
Cash (mrq*)$3.91 
Valuation Ratios
Price/Book (mrq*)2.26 
Price/Earnings (ttm)26.81 
Price/Sales (ttm)2.65 
Income Statements
Sales (ttm)$337.5M
EBITDA (ttm*)$80.8M
Income available to common (ttm)$33.5M
Profitability
Profit Margin (ttm)9.9%
Operating Margin (ttm)18.7%
Fiscal Year
Fiscal Year EndsJuly 31
Most recent quarter
(fully updated)
30-Apr-2001
Most recent quarter
(flash earnings)
31-July-2001
Management Effectiveness
Return on Assets (ttm)6.58%
Return on Equity (ttm)9.19%
Financial Strength
Current RatioN/A 
Debt/Equity (mrq*)0.07 
Total Cash (mrq)$180.1M
Short Interest
As of 8-Aug-2001
Shares Short3.31M
Percent of Float7.8%
Shares Short
(Prior Month)
3.23M
Short Ratio3.74 
Daily Volume885.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 31-July-2001, except mrq*/ttm* items as of 30-Apr-2001)

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