Ibis darkens 4Q outlook

December 16, 2003 – SOI implantation equipment provider Ibis Technology Corp., Danvers, MA, expects 4Q03 sales will be below previous estimates, due to year-end adjustments by its largest wafer customer and several implantation equipment orders that will be pushed into 1Q04.

Also, Ibis says it will take an impairment charge against its smaller wafer-size production equipment, based on an increased emphasis on 300mm wafer production.


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