FEI News

FEI Company Bank of America Merrill Lynch 2012 Health Care Conference Transcript May 17, 2012 11:40 AM ET Yeah, final day of the Bank of America Merrill Lynch 2012 Health Care Conference.

FEI Company announced that it will hold a meeting for interested investors and analysts at 9:30 a.m. EDT on June 7 in New York City.

The Dow Jones Industrial Average closed down 33.45 points to 12,598, the NASDAQ closed down 19.72 points to 2,874 and the S&P 500 closed down 5.86 points to 1,324. The Davidson 99, which measures stocks in seven western states, including 19 in Oregon, closed down 0.78 points to 171.63. Regional stocks closing lower include FEI Corp.

FEI traded up 1.02% on Wednesday, hitting $51.31. FEI has a 52-week low of $26.61 and a 52-week high of $51.34. The company has a market cap of $1.943 billion and a price-to-earnings ratio of 20.25. The company last announced its quarterly results on Tuesday, May 1st.

Good day, ladies and gentlemen and thank you for standing by. Welcome to the FEI First Quarter Earnings Conference Call.

The Hillsboro-based maker of electron microscopes grew first-quarter sales 10.5 percent from the same time a year earlier to $217.6 million, while net income grew 13 percent to $25.7 million, or 63 cents per share.

Growth continues to ease at FEI Co. , but the Hillsboro company's profits remain strong and its stock closed Tuesday at an all-time high.