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Zygo Corp. Earnings Below Estimates
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Business New Haven
1/7/2002
By: BNH
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MIDDLEFIELD-Zygo Corporation (NASDAQ:ZIGO).. ZYGO announced that sales and earnings for the second quarter of fiscal 2002 ending December 28, 2001 will be below the current estimates. The company expects sales to be in the range of $18 to $20 million with a loss per share of between 29 and 33 cents per share.
Zygoals announced it had sold its Automation Systems Group in Longmont, Colorado, to Brooks Automation, Inc. (NASDAQ:BRKS) of Chelmsford, Massachusetts. for $11 million.
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