FSI International, Inc. (FSII) – Buzz Stock of the Day

Shares of semiconductor equipment maker, FSI International, Inc. (Nasdaq: FSII) were up as much as 14 percent from Friday’s closing price, in morning trading on Monday. Last month, FSI International released strong third quarter results, driven by an 86 percent in revenue, over the previous year, topping the Street’s estimates of $28.1 million, and about in the middle of FSI International’s guidance range of $27 million to $29 million.

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Revenue for the quarter jumped to $28.7 million from $15.4 million in the prior-year quarter.Profit for the quarter was $5.9 million, or 18 cents a share,  compared to a loss of $2.8 million, or 9 cents a share, in a year earlier.

Sales for the first nine months of fiscal 2010 increased 71 percent to $62.2 million, compared to $36.3 million for the same period of fiscal 2009. The company’s net income for the first nine months of fiscal 2010 was $6.4 million, or $0.20 per share, as compared to a net loss of $17.6 million, or $0.57 per share for the first nine months of fiscal 2009.

FSI International said it expects orders in the fourth quarter to range between $27 million to $30 million and net income between $5 million and $6 million.

Tags: buzz stocks, fsii, nasdaq, Penny Stocks, semiconductors, Technology Stocks

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