Needham & Company Upgrades Applied Materials (AMAT) to Buy

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Applied Materials (AMAT) Tops Q1 EPS by 1c; Guides Q1 Above Views

February 18, 2016 4:05 PM EST

Applied Materials (NASDAQ: AMAT) reported Q1 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.24 billion.

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Applied Materials sees Q2 2016 EPS of $0.30-$0.34, versus the consensus of... More