Advantest raises estimates

January 27, 2004 – Japan’s Advantest Corp. has raised its earnings estimates for the fiscal year ending in March to 17 billion yen ($160 million), nearly double the profit it had earlier projected, and a big turnaround from the 12.99 billion yen ($122 million) loss it reported a year ago. The company reported earnings of 4.65 billion yen ($44 million) on sales of 43.66 billion yen ($411 million) in the prior quarter.


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