B. Riley Upgrades Applied Materials (AMAT) to Buy

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/9/2026

1. SPCX
2. SBUX
3. LEVI
4. NVDA
5. CMG
6. HUM
7. STZ
8. AAPL
9. SPY
10. GOOGL

Go back to B. Riley Upgrades Applied Materials (AMAT) to Buy

Applied Materials Announces Second Quarter 2016 Results

May 19, 2016 4:02 PM EDT

Applied reports EPS of $0.29; non-GAAP EPS of $0.34 at high end of guidance range Generates $3.5 billion in new orders, highest in 15 years  Returns $1 billion to shareholders through dividends and share repurchasesExpects record earnings per share in the third quarter of 2016

SANTA CLARA, Calif., May 19, 2016 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended May 1, 2016.

Second quarter orders were $3.45 billion, up 52 percent sequentially and up 37 percent year over year. Backlog increased to $4.17 billion. Net sales... More