Just over a month after the close of its fiscal 2009 second quarter, Aviza Technology has determined that “it expects not to meet its previously announced net sales and adjusted net loss guidance,” according to a release the Scotts Valley supplier of chip equipment maker filed Tuesday afternoon.
The company now expects sales for the quarter to be between $9.5-$11 million, down from the $13-$18 million range it had originally set.
The news sent its shares down just a penny in after-hours trading, according to figures found on Yahoo Finance, but given where Aviza’s shares currently trade, that amounted to a 7.5 percent loss.
Just after the start of the year, Aviza raised its profit forecast for its fiscal 2009 first quarter ended Dec. 26, 2008, even as its sales came in at the low end of expectations. The company cut 100 jobs, or 15 percent of its workforce in April 2008.