Applied Materials (AMAT) Tops Q1 EPS by 8c, Offers Guidance
Applied Materials (NASDAQ: AMAT) reported Q1 EPS of $1.06, $0.08 better than the analyst estimate of $0.98. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.12 billion.
GUIDANCE:
Applied Materials sees Q2 2018 EPS of $1.10-$1.18, versus the consensus of $1.02. Applied Materials sees Q2 2018 revenue of $4.35-4.55 billion, versus the consensus of $4.4 billion.
- This outlook for non-GAAP adjusted diluted EPS excludes known charges related to completed acquisitions of $0.04 per share and includes the normalized tax benefit of share-based compensation of $0.01 per share, but does not reflect any items that are unknown at this time, such as any additional charges related to acquisitions or other non-operational or unusual items, as well as other tax related items, which we are not able to predict without unreasonable efforts due to their inherent uncertainty.
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