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News Breaks
October 23, 2009
06:34 EDTRBCN
theflyonthewall.com: Rubicon Technology upgraded to Buy from Sell at UBS
UBS upgraded Rubicon based on higher global LED demand forecasts. Target to $23 from $19. :theflyonthewall.com



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February 13, 2012
08:52 EDTRBCN
theflyonthewall.com: Rubicon Technology slips in the pre-market, support is at $11.67, its 10-day MA

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February 9, 2012
16:09 EDTRBCN
theflyonthewall.com: Rubicon Technology wrote off $1.8M in accounts receivable for Q4

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16:08 EDTRBCN
theflyonthewall.com: Rubicon Technology sees Q4 revenue $19M-$20M vs. consensus $21.90M
Rubicon granted adjustments to Q4 price and volume requirements under the expiring six-inch contract, as management had indicated was likely in remarks made November 8. Consequently, Rubicon’s revenue for Q4 was between $19M-$20M, slightly below its previous guidance of $20M-$23M. The company expects to release complete results for the fourth quarter on February 23. :theflyonthewall.com
16:06 EDTRBCN
theflyonthewall.com: Rubicon Technology announces 2012 customer contract for $20M
Rubicon Technology announced that it has entered into a new contract with its largest customer for large-diameter sapphire wafers. The amount of the contract is $20M, and it represents a baseline level of shipments that will be made from June through December 2012. The previous contract expired at the end of December. :theflyonthewall.com