Applied Materials (NASDAQ: AMAT) reported Q4 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.27 billion.

"Our fourth quarter results round out a strong year for Applied Materials where we grew revenues in our semiconductor business by 25 percent and expanded our company operating margin by 6 points," said Gary Dickerson, president and CEO. "We are making our largest gains in areas of the market that are growing the fastest, including etch and deposition, and we carry positive momentum into 2015."

Applied Materials sees Q1 2015 EPS of $0.25-$0.29, versus the consensus of $0.31.

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