Ceradyne, Inc. Reaffirms 2006 Guidance; CEO to Present Armor Overview at JMP Securities Research Conference
March 08 2006 - 1:59PM
Business Wire
Ceradyne, Inc. (Company) (Nasdaq:CRDN) Chief Executive Officer Joel
Moskowitz reiterates the Company's 2006 Guidance of a sales range
of $535 million to $565 million with an earnings range of $3.00 to
$3.20 per diluted share. Mr. Moskowitz stated that at the JMP
Securities Research Conference tomorrow, Thursday, March 9, 2006,
in San Francisco at 10:55 a.m. Pacific, he will correct information
recently published by a securities analyst and will provide a more
accurate overview regarding Ceradyne's armor programs. The
presentation will be web cast live at www.ceradyne.com. Ceradyne
develops, manufactures and markets advanced technical ceramic
products and components for defense, industrial, automotive/diesel
and commercial applications. Additional information about the
Company can be found at www.ceradyne.com. Except for the historical
information contained herein, this news release contains
forward-looking statements regarding future events and the future
performance of Ceradyne that involve risks and uncertainties that
could cause actual results to differ materially from those
projected. Words such as "anticipates," "believes," "plans,"
"expects," "intends," "future," and similar expressions are
intended to identify forward-looking statements. These risks and
uncertainties are described in the Company's supplemental
prospectuses, dated December 13, 2005, as filed with the Securities
and Exchange Commission.
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