Needham & Company Raises Price Target on Applied Materials (AMAT) Following Mixed 3Q
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Applied Materials Announces Record Results
August 18, 2016 4:01 PM EDTApplied delivers record EPS of $0.46 and record non-GAAP EPS of $0.50 in its third quarterGenerates $3.66 billion in new orders and reports $4.95 billion in backlog, both all-time highs Expects record non-GAAP EPS in its fourth quarter
SANTA CLARA, Calif., Aug. 18, 2016 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended July 31, 2016.
New orders were $3.66 billion, up 6 percent sequentially and up 26 percent year over year. Backlog of $4.95 billion was up 19 percent sequentially and up 60 percent year over... More
