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Novellus Systems (NASDAQ:NVLS) reported first quarter earnings that were in line with the Zacks Consensus Estimate. It was overall a good quarter for the company, with orders, revenue and margins all looking up after three quarters of decline. The tax rate also dropped, helping results.
Novellus did not host a conference call or provide guidance for the next quarter, given that this is likely its last earnings report before the merger with Lam Research (NASDAQ:LRCX). The company received appoval from all … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards