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Keithley Instruments reports results for Q1/2009 19-02-09


Keithley Instruments announced net sales of $31.1 million for the first quarter of fiscal 2009 decreased $7.4 million, or 19 percent, from net sales of $38.4 million in last year’s first quarter. Sales outside of the Americas represented approximately 75 percent of total sales for the first quarter of fiscal 2009. Including the special charge, the reported net loss for the first quarter of fiscal 2009 was $32.4 million. The special charge is for a non-cash discrete tax adjustment of $30.0 million, to reserve for the Company’s U.S. deferred tax assets.

 
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