Aetrium Inc.
| Public | |
| ISIN | 🆔 |
| Industry | Semiconductor equipment & material |
| Founded 📆 | 1982 |
| Founder 👔 | |
| Headquarters 🏙️ | North Saint Paul, Minnesota, USA |
Area served 🗺️ | |
Key people | Joseph C. Levesque |
| Products 📟 | electromechanical and electro thermal equipment |
| Revenue🤑 | $6.08 million |
| Members | |
Number of employees | |
| 🌐 Website | http://www.aetrium.com/ |
| 📇 Address | |
| 📞 telephone | |
Aetrium Inc. (NASDAQ: ATRM), founded in 1982 and located in North Saint Paul, Minnesota, is an American company specializing in developing, manufacturing, marketing and selling electromechanical and electro thermal equipment, which can be used integrated circuits (ICs) handling and testing. Its customers are mainly semiconductor manufacturers. Additionally, their markets include the United States, Europe, Japan, China, and Thailand and so on.[1] In September 2013, Aetrium announced that it was implementing a one-for-ten reverse stock split of its common stock that would be effective at 12:01 am CDT on October 11, 2013.[2] The company just introduced its new product named Multiple Vmax Test Handler in November, 2013.
History[edit]
The company was founded in 1982 in North Saint Paul, Minnesota with its original name was Automated Electronic Technology Inc. (AET). It developed and made the first surface mount gravity test handler in the industry in the following year. The company was renamed Aetrium in 1986. The company successfully launched its IPO in 1993.[3]
Products[edit]
The company specializing in developing, manufacturing, marketing and selling electromechanical and electro thermal equipment, which can be used integrated circuits (ICs) handling and testing. In detail, it provides products such as gravity feed test handler, automated handling technologies and change kits.[1]
Managerial practice[edit]
It is reported that the company introduced its new product, multiple Vmax test handler, on November 21, 2013. The new product was purchased by both its long-term customer and new ones and the total order amounted to nearly $2.1 million. However, certain risks and uncertainties could also lead the expected results to deviate from the plan, the risk and uncertainties include adverse domestic and international economy, slow demand of the customer, volatility of the microelectronic industry, etc., as mentioned in the company's SEC fillings.[4]
Finance[edit]
The company has a market capitalization of $ 5.50 million and an enterprise value of 4.68 million. Its 2013 full year revenue is $6.08 million.[5]
References[edit]
- Notes
External links[edit]
- [http:// http://www.aetrium.com// Official website]
- Yahoo Finance
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