Verigy Ltd. Provides Q1 Forecast

Verigy Ltd. (NASDAQ:VRGY) has announced good quarterly numbers for its fourth quarter of the year. The company also surpassed consensus estimates. Verigy Ltd. announced its adjusted earnings per share at 29 cents. The company has reported its net income at 17 cents per share. Its total net income for the quarter is $10 million. Verigy Ltd. had incurred a loss of $12 million or 20 cents per share during the corresponding quarter of the last year.

* Verigy Ltd. increased its revenue for the quarter at 3 percent.
* Verigy Ltd. reported $159 million in revenue.

Verigy Ltd. has also entered into an agreement with LTX-Credence Corp. for buying the company at $424.4 million. The company was expected to report its earnings at 28 cents per share. Analysts had pegged their revenue estimates at $164.3 million. The company has also provided forecasts for the first fiscal quarter of the year. Verigy Ltd. is looking to report its income in the range of 3 cents loss per share and 2 cents per share in profit. The company is also expected to report its revenue in the vicinity of $115 million and $120 million.

Key Financial Stats

Valuation

* Price/Earnings(TTM)-
* Price/Cash Flow39.00
* Price/Sales (TTM)1.06
* Price/Book1.19

Financial Strength

* Quick Ratio (MRQ)3.10
* Current Ratio (MRQ)3.90
* LT Debt to Equity (MRQ)0.36
* Total Debt to Capital (MRQ)0.36
* Return on Equity-

Assets

* Asset Turnover0.60
* Asset per Employee.3M
* Inventory Turnover3.30

Per Share Data

* Earnings (TTM)-0.11
* Current P/E Ratio3.90
* Cash Flow0.22
* Annual Dividend0.00
* Book Value7.09
* EBITDA0.80

Profitability

* Market Cap-0.11
* Gross Margin (TTM)50.50
* Operating Margin (TTM)0.80
* Profit Margin (TTM) -1.30

Management Effectiveness

* Return on Equity (TTM)-
* Return on Assets (TTM)-0.80%
* Return on Investment (TTM)-1.00%

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