Hutchinson Technology is a global technology leader committed to creating value by developing solutions to critical customer problems. Our culture of quality, continuous improvement, superior innovation and a relentless focus on the fundamentals enables us to lead in the markets we serve.
Our Disk Drive Components Division is a leading worldwide supplier of suspension assemblies for disk drives. Suspension assemblies are precise electro-mechanical components that hold a disk drive's recording head at microscopic distances above the drive’s disks. Our innovative product solutions help customers improve yields, increase reliability and enhance disk drive performance, thereby increasing the value they derive from our products.
Our BioMeasurement Division is focused on bringing new technologies and products to the market that provide information clinicians can use to improve the quality of health care. The division's InSpectra™ StO2 Tissue Oxygenation Monitor for perfusion status monitoring helps clinicians reduce risks and costs by enabling faster and more precise assessment of oxygen delivery to vital organs and tissue. The device provides continuous, real-time information using near infrared spectroscopy and a noninvasive, single-use sensor placed on the thenar eminence (thumb muscle).
Hutchinson Technology common shares are listed on the Nasdaq Exchange under the symbol HTCH.
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HUTCHINSON, Minn., Feb 5, 2010 (GlobeNewswire via COMTEX) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) announced today that Mark A. Augusti has been elected to the company's board of directors.
Augusti, 44, is president of Smith & Nephew's Biologics and Spine Global Business Unit, a position he has held since 2008. He joined Smith & Nephew in 2003 as vice president of Global Trauma Marketing. He was promoted to senior vice president and general manager of the Trauma business in ...
Financial Results Improve on Sequential Growth in Shipments and Revenue
HUTCHINSON, Minn., Jan 26, 2010 (GlobeNewswire via COMTEX) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) today reported net income of $2.2 million, or $0.09 per diluted share, on net sales of $108.3 million for its fiscal 2010 first quarter ended December 27, 2009.
The company's fiscal 2010 first quarter gross profit was $20.8 million, or 19 percent of net sales, an increase of $3.3 million or more than 200 basis po...
Results Improve on Sequential Quarter Shipment and Revenue Growth Net Income Expected to Be Modestly Above Breakeven
HUTCHINSON, Minn., Jan. 11, 2010 (GLOBE NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) today reported preliminary results for its fiscal 2010 first quarter ended December 27, 2009.
Net sales for the quarter totaled $108.3 million, compared with $103.2 million in the preceding quarter and $119.7 million in its fiscal 2009 first quarter. Gross profit increased seq...
HUTCHINSON, Minn., Jan 4, 2010 (GlobeNewswire via COMTEX) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) announced today that it will participate in the following investor conference:
Event: 12th Annual Needham Growth Stock Conference
Date: Tuesday, January 12, 2010
Time: Presentation - 8:40 a.m. ET
Location: New York, NY
Live and archived webcasts of the event can be accessed through the Investors section of Hutchinson Technology's website at http://www.htch...
