NORTH BILLERICA, MA (GLOBE NEWSWIRE) - BTU International, Inc. (Nasdaq:BTUI), a leading supplier of advanced thermal processing equipment to the electronics manufacturing and alternative energy markets, today raised revenue guidance for the second quarter of 2014.
Bookings during the quarter, primarily in the electronics assembly business, have been stronger and related revenue is expected to be higher than originally forecast. BTU International is currently estimating second quarter 2014 revenue to be in the range of $16.0 to $17.0 million versus the prior estimate of $14.0 to $15.0 million provided in its earnings release dated April 29, 2014. The company is scheduled to report its second quarter 2014 financial results on July 29, 2014.
About BTU International
BTU International is a global supplier and technology leader of advanced thermal processing equipment and processes to the electronics manufacturing and alternative energy markets. BTU equipment is used in the production of printed circuit board assemblies and semiconductor
packaging as well as in the manufacturing of solar cells and nuclear fuel. BTU has operations in North Billerica, Massachusetts and Shanghai, China with direct sales and service in the U.S.A., Asia and Europe.
Information about BTU International is available at www.btu.com