Cascade Microtech reports record quarterly revenue

Oct. 26, 2006 — Cascade Microtech, the Portland, Ore.-based maker of tools and technology for the precise electrical measurement and test of integrated circuits and other small structures, reported record quarterly revenue of $23 million for the third quarter.

The performance was up 17 percent over the second quarter’s $19.6 million revenue, and also beat last year’s Q3 results of just under $19 million.

Net income was $1.2 million, up over $0.8 million in the second quarter. However, net income was down from $2.1 million in the third quarter of 2005.

The company predicts fourth quarter 2006 revenues between $21 million and $23 million.


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