Earnings-Palooza: Reports From NVLS, LRCX, MTSN, PLCM, EQIX

The earnings reports are rolling in fast and furious now, faster and furious-er than I can post about them.

Here’s a quick summary of a few of this afternoon’s batch that I haven’t yet written about:

• Novellus (NVLS): The semiconductor equipment producer reported Q1 sales of $276.2 million, up 179.3% from a year ago, and 13.1% ahead of Q4; keep in mind that the sector a year ago had basically come to a standstill. The Street has been expecting $265.5 million. Excluding special items, the company earned 47 cents a share, above the Street at 42 cents. Bookings were $321.4 million, up 24.7% sequentially; shipments were $282.,8 million, up 15.7% sequentially. NVLS in late trading is down 5 cents at $26.60.
• Lam Research (LRCX): Another semi equipment producer, Lam posted Q1 revenue of $632.8 million, above the Street at $623.8 million, with profits of 94 cents a share, above the Street at 82 cents. Lam in late trading is off 99 cents, or 2.5%, to $39.
  
• Mattson Technology (MTSN): And yet another semi equip provider. Mattson posted Q1 sales of $25.2 million, up from $17.9 million in Q4and $5.6 million a year ago, and above the Street at $23.7 million. Net loss was 22 cents a share, including 2 cents from special charges; the Street has been looking for a loss of 22 cents. Mattson in the regular session was up 7 cents at $5.32.
• Polycom (PLCM): The videoconferencing company and oft-rumored takeover target reported Q1 revenue of $276 million, up 23% from a year ago, and ahead of the Street at $263 million. Non-GAAP profits were 29 cents a share, ahead of the Street at 25 cents. In late trading, PLCM is down is down 85 cents, or 2.7%, to $31.15.
  
• Equinix (EQIX): The data center operator reported Q1 revenue of $248.6 million, up 3% sequentially, and 25% year over year, and a bit above the Street at $246.4 million. But diluted EPS of 35 cents a share came in short of the Street at 43 cents. For Q2, the company sees revenue of $258 million to $260 million; the Street has been expecting $258.5 million. For the full year, the company sees revenue of $1.065 billion to $1.08 billion, above the Street at $1.06 billion. In late trading, EQIX is off 22 cents, at $100.40.