|| Print ||
|Tuesday, December 13, 2011|
Electro Scientific Industries will begin paying a quarterly dividend to shareholders, nearly unheard of for Oregon's big tech companies.
ESI, based in Washington County, makes production equipment for computer chip companies and other electronics manufacturers. The company had $203 million in cash and short-term investments at the start of October, a huge trove for a company that reported less than $82 million in revenue during the prior quarter.
"Our strong cash balance and our history of cash generation provide us the means to fund our growth strategy as well as return cash to shareholders," Nick Konidaris, ESI's chief executive, said in a written statement.
Read more at OregonLive.com.
|A Complex Portrait: Immigration, Jobs and the Economy|
|Woman of Steel|
|Kill the Meeting|
|What I'm Reading|
|Facebook vows aggressive spending|
|Apple Pay faces challenges|
|YouTube considering paid subscriptions|
|Taco Bell launches new ordering app|
|Toyota leads global vehicle sales|
|Xbox One receives another price cut|
|Uber considers flu shot delivery service|
Barran Liebman’s annual employment law seminar is an industry classic.
More than 400 "Change Makers" will gather to invest in a socially sustainable community.