Strong Fourth Quarter Sales
Sales of $223 million exceeded guidance, driven by high-end IC and G10.5+ FPD. Full year sales were $867 million, the second highest in company history.
Record Net Income
Q4 net income of $34 million contributed to a record net income of $131 million for the full year.
Increased Cash and Short-Term Investments
Increased by $128 million to $641 million over the past year, providing financial flexibility for strategic initiatives.
Investment in U.S. Expansion
Plans to spend $200 million in 2025 on U.S. multisite capacity to capture IC growth opportunities.
Strong High-End IC Demand
IC revenue increased 5% quarter-over-quarter, driven by a 21% surge in high-end sales.