Cymer announces operating results

Cymer, a supplier of light sources for chipmakers, has announced net income for the first quarter of 2010 of $16m (£10.4m), equal to $0.53 per share (diluted),

This compares with a net loss of $11.5m, equal to a loss of $0.39 per share (diluted), in the first quarter of 2009 and net income of $12.2m, equal to $0.40 per share (diluted), in the fourth quarter of 2009.

Revenue totalled $113.8m, compared to revenue of $56.5m in the first quarter of 2009 and revenue of $96.4m in the fourth quarter of 2009.