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 for integrated circuits (ICs) handling and testing. Its customers are mainly semiconductor manufacturers. Additionally, its markets include the United States, Europe, Japan, China, and Thailand, among others.[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 recently introduced its new product, named Multiple Vmax Test Handler, in November 2013.
History
The company was founded in 1982 in North Saint Paul, Minnesota, with its original name being Automated Electronic Technology Inc. (AET). It developed and made the first surface mount gravity test handler in the industry the following year. The company was renamed Aetrium in 1986. The company successfully launched its IPO in 1993.[3]
Products
The company specializes in developing, manufacturing, marketing, and selling electromechanical and electro thermal equipment, which can be used for integrated circuits (ICs) handling and testing. In detail, it provides products such as gravity feed test handlers, automated handling technologies, and change kits.[1]
Managerial practice
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 customers 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; these risks and uncertainties include adverse domestic and international economies, slow customer demand, volatility of the microelectronic industry, etc., as mentioned in the company's SEC filings.[4]
Finance
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
- Notes
External links
- [http:// http://www.aetrium.com// Official website]
- Yahoo Finance
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