(RTTNews) - Semiconductor manufacturing equipment maker Nanometrics Inc. (NANO) erased its losses in the third-quarter, surprising analysts, amid positive developments in the chip sector.
The company cited multi-system orders and technology upgrades from worldwide semiconductor companies in both the memory and logic sectors for its quarterly performance.
Metrics improved more significantly on a sequential basis. The company sees further growth in revenues, "albeit at a slower rate" than what was achieved in the last two quarters.
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