Hutchinson Technology is a global technology leader committed to creating value by developing solutions to critical customer problems. As a key worldwide supplier of suspension assemblies for disk drives, the company’s products help customers improve overall disk drive performance and meet the demands of an ever-expanding digital universe.
Suspension assemblies are precise electro-mechanical components that hold a disk drive’s read/write 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.
Gross Profit Up on Increased Volume and Improved Operating Performance
HUTCHINSON, Minn., Jan. 28, 2015 (GLOBE NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) today reported a net loss of $9.9 million, or $0.32 per share, on net sales of $72.4 million for its fiscal 2015 first quarter ended December 28, 2014. The net loss included a $4.3 million loss on debt extinguishment, $860,000 of non-cash interest expense, $640,000 of foreign currency losses and $160,000 of site consolidatio...
HUTCHINSON, Minn., Jan. 13, 2015 (GLOBE NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) today reported preliminary results for its fiscal 2015 first quarter ended December 28, 2014. The company shipped 121.7 million suspension assemblies in the fiscal 2015 first quarter, up 4% from 117.1 million in the preceding quarter. Rick Penn, Hutchinson Technology's president and chief executive officer, said the higher shipments resulted from the company's increased participation on customer...
HUTCHINSON, Minn., Jan. 6, 2015 (GLOBE NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) announced today that it will participate in the following investor conference:
17th Annual Needham Growth Conference
Tuesday, January 13, 2015
Presentation – 12:05 p.m. ET
New York, NY
Live and archived webcasts of the event can be accessed throu...
Loss Decreases on Higher Volume, Restructuring Benefits and Improved Operating Performance
HUTCHINSON, Minn., Nov. 5, 2014 (GLOBE NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) today reported a net loss of $5.2 million, or $0.18 per share, for its fiscal fourth quarter ended September 28, 2014 compared with a net loss of $11.2 million, or $0.40 per share in the preceding quarter. The company attributed the improved financial performance to higher volume, the benefits of site cons...
Calendar Icon Legend:
Corporate Conference Call
Earnings Conference Call
Mergers & Acquisition Announcement
52 Week High
Data provided by Nasdaq. Minimum 15 minutes delayed.
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.