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LeCroy Corp. (LCRY) Reports Preliminary First Quarter Results

LeCroy Corp. is a worldwide leader in serial data test solutions and oscilloscopes. The company offers high-performance oscilloscopes, serial data analyzers and global communications protocol test solutions which measure, analyze and verify complex electronic signals.

The company today announced preliminary financial results for its fiscal first quarter ending October 2, 2010. For the first quarter of fiscal 2011, LeCroy expects to report a 38% year-over-year increase in revenues to approximately $38.6 million. This compares with $28 million in the first quarter of 2010 and previous guidance of between $37 million and $38 million for this quarter.

LeCroy also expects to report year-over-year order growth of 50% for the first quarter of fiscal 2011. This reflects strong orders for oscilloscopes, which grew 56% from last year and 14% compared with the previous quarter. The company believes the upsurge in its orders is due to its introduction of new products over the past year.

The company expects to follow the same path to success by also announcing on September 29, 2010 the launch of five new products. The products include an updated version of its award-winning WaveMaster 8 Zi series oscilloscopes, a new 4-channel 20 gigahertz oscilloscope, and a range-topping oscilloscope with 45 gigahertz of real-time bandwidth – the WaveMaster 845 Zi-A.

In addition, LeCroy launched SPARQ, which helps customers directly solve many advanced signal integrity problems. Finally, it announced LabMaster, a new family of high-speed, multi-channel oscilloscope modules. For more information on LeCroy, please visit the company’s website at

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