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Quarterly Update
DALSA Provides Operational Update
Waterloo - DALSA Corporation on March 27, 2008 announced that it is continuing to see strong product demand in its Digital Imaging and Semiconductor businesses and is expecting to report a sharp increase in revenue and earnings in the first quarter of 2008.
In the Digital Imaging business the Company continues to see robust bookings in the flat panel display inspection end market, and is winning market share with key new products in the higher volume industrial segment. In the Semiconductor business, high demand from MEMS customers as well as strong shipments of advanced CMOS wafers are driving increased revenues and profitability.
"We are making a strong comeback in 2008 thanks to a combination of robust product demand across the board in our core businesses, our refocus on operational efficiency and product mix, improved currency stability, and our solid market leadership position," commented Brian Doody, Chief Executive Officer of DALSA Corporation. "In September, I shared with you our plans to improve the operating results of our core operations in 2008. I am pleased to report that for the first time in DALSA's history we are expecting revenues of greater than $50 million in the first quarter. On the earnings front, we are anticipating at least $0.17 per share on a consolidated basis, fully diluted. These anticipated results and our positive outlook are a strong indication that we are delivering on our commitment to operate the core businesses at their traditional levels of profitability."
First Quarter 2008 Financial Results and Conference Call Information
The Company will release its First Quarter 2008 financial results at 4:00pm ET on Wednesday, April 30, 2008. A conference call to discuss the results will be held the same day at 5:00pm ET.
The conference call, followed by the question and answer period, will be broadcast live and open to anyone interested in listening at http://events.onlinebroadcasting.com/dalsa/043008/index.php.
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