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Technology / AI and automation

COMPANY RESULT: ETEC SYSTEMS INC

Etec Systems Inc has reported third quarter net profits down 51.5% at $7.6m on revenue up 67.1% at $69.7m; nine-month net rose 6.8% to $22.2m on revenue which increased 71.6% to $168.3m. Net per share fell 57.5% to $0.34 in the quarter, down 17.1% to $1.02 in the nine months.

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CBR Staff Writer

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