Last $3.55 USD
Change Today 0.00 / 0.00%
Volume 273.9K
HTCH On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

hutchinson tech (HTCH) Snapshot

Open
$3.59
Previous Close
$3.55
Day High
$3.60
Day Low
$3.52
52 Week High
08/29/14 - $4.85
52 Week Low
06/5/14 - $1.96
Market Cap
99.6M
Average Volume 10 Days
257.6K
EPS TTM
$-1.19
Shares Outstanding
28.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HUTCHINSON TECH (HTCH)

Related News

No related news articles were found.

hutchinson tech (HTCH) Related Businessweek News

No Related Businessweek News Found

hutchinson tech (HTCH) Details

Hutchinson Technology Incorporated researches, designs, develops, manufactures, and supplies suspension assemblies for hard disk drives. The company’s suspension assemblies are components in computers, and various consumer electronics and enterprise storage products. It also offers disk drive industry-related engineering services and specific disk drive program capacity, and biomeasurement products. The company sells its suspension assemblies to original equipment manufacturers and subassemblers. It operates in Thailand, Hong Kong, the Philippines, Malaysia, the United States, and internationally. The company was founded in 1965 and is headquartered in Hutchinson, Minnesota.

hutchinson tech (HTCH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $385.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $256.9K
Vice President of Operations
Total Annual Compensation: $163.6K
Vice President of Human Resources
Total Annual Compensation: $169.7K
Compensation as of Fiscal Year 2013.

hutchinson tech (HTCH) Key Developments

Hutchinson Technology Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 28, 2014; Provides Capital Expenditure and Tax Rate Guidance for the Fiscal 2015 and Interest Expense and Suspension Assembly Shipments Guidance for the First Quarter of Fiscal 2015

Hutchinson Technology Inc. reported earnings results for the fourth quarter and full year ended September 28, 2014. For the quarter, the company reported net sales of $70.30 million compared to $63.659 million a year ago. Loss from operations was $1.47 million compared to $10.661 million a year ago. Loss before income taxes was $5.14 million compared to $14.51 million a year ago. Net loss was $5.16 million or $0.18 per diluted share compared to $14.56 million or $0.53 per diluted share a year ago. The net loss for the fiscal 2014 fourth quarter included $870,000 of non-cash interest expense, a $400,000 foreign currency gain, a $325,000 reversal of an accrual for severance costs and $270,000 of site consolidation costs. Excluding these items, the company's net loss for the fiscal 2014 fourth quarter was $4.7 million, or $0.17 per share. For the year, the company reported net sales of $261.09 million compared to $249.60 million a year ago. Loss from operations was $23.60 million compared to $24.75 million a year ago. Loss before income taxes was $41.18 million compared to $35.060 million a year ago. Net loss was $40.41 million or $1.44 per diluted share compared to $35.08 million or $1.35 per diluted share a year ago. Cash used in operating activities was at $1.47 million against cash provided of $6.09 million reported last year. Capital expenditures were at $17.28 million against $18.88 million reported last year. The company currently estimated that fiscal 2015 capital expenditures will total about $20 million. The company expected tax rate in fiscal 2015 should be near 0. Interest expense is expected to peak at $4.4 million in the fiscal 2015 first quarter and then decline to $3.5 million in the second quarter. Regarding its outlook, the company said it expects fiscal 2015 first quarter suspension assembly shipments to be 120 million to 125 million as its participation on customers' programs continues to improve. Average selling price is expected to remain at approximately $0.58 while gross profit should improve modestly on higher volume.

Hutchinson Technology Inc. Reports Preliminary Sales Results for the Fourth Quarter Ended September 28, 2014

Hutchinson Technology Inc. reported preliminary sales results for the fourth quarter ended September 28, 2014. Net sales for the quarter totaled approximately $70.3 million compared with $59.8 million in the preceding quarter.

Hutchinson Technology Inc. to Report Q4, 2014 Results on Nov 05, 2014

Hutchinson Technology Inc. announced that they will report Q4, 2014 results at 5:00 PM, US Eastern Standard Time on Nov 05, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HTCH:US $3.55 USD 0.00

HTCH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CAS Medical Systems Inc $1.85 USD +0.01
Masimo Corp $25.92 USD -0.12
Mindray Medical International Ltd $31.39 USD +0.48
Nitto Denko Corp ¥6,248 JPY +9.00
Suncall Corp ¥668.00 JPY +2.00
View Industry Companies
 

Industry Analysis

HTCH

Industry Average

Valuation HTCH Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 1.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HUTCHINSON TECH, please visit www.htch.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.