Novellus beats by $0.05, misses on revs (32.55 -0.20)
Reports Q3 (Sep) earnings of $0.73 per share, $0.05 better than the Capital IQ Consensus Estimate of $0.68; revenues fell 16.5% year/year to $306.7 mln vs the $310.9 mln consensus. Bookings in the third quarter of 2011 were $226.9 million, down $84.7 million or 27.2 percent from second quarter 2011 bookings of $311.6 million.
