Weaker Quarter Coming Says Applied Materials (AMAT)

Date: Aug 16 2012

Filed under: Technology, Earnings

Applied Materials Inc. (NASDAQ: AMAT) reported adjusted third fiscal quarter EPS of $0.24 and $2.34 billion in revenues after markets closed today. In the same period a year ago, the semiconductor manufacturing equipment maker reported EPS of $0.35 on revenue of $2.79 billion. Second-quarter results compare to the Thomson Reuters consensus estimates for EPS of $0.22 and $2.32 billion in revenue.

The company’s chairman/CEO said:

We delivered solid financial performance in line with our outlook…

Weaker Quarter Coming Says Applied Materials (AMAT) originally appeared on DailyFinance.com on 2012-08-15T16:34:00Z.

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