Hutchinson Technology Reports Preliminary Results for Fiscal 2012 Third Quarter

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Hutchinson Technology Reports Preliminary Results for Fiscal 2012 Third Quarter

HTCH

Linked by GlobeNewswire ( track newsfeed | ignore newsfeed ) - June 27, 04:01PM from (www.globenewswire.com)

HUTCHINSON, Minn., June 27, 2012 (GLOBE NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) announced today that it shipped approximately 100 million suspension assemblies during its fiscal 2012 third quarter ended June 24, 2012, compared to 96.9 million in the preceding quarter, but below its previous guidance of 105 million to 115 million. The company said that its shipments in the last five weeks of its fiscal third quarter declined more than 15 percent compared to the first eight weeks of the quarter, as demand from its customers softened.

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