Applied Materials (AMAT) Tops Q2 EPS by 3c, Q3 Guidance Beats
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Applied Materials Delivers Record Revenue and Earnings Per Share
May 18, 2017 4:01 PM EDTRecord revenue of $3.55 billion up 45 percent year over yearStrong year-over-year increases in gross margin and operating marginRecord EPS of $0.76 and non-GAAP EPS of $0.79
SANTA CLARA, Calif., May 18, 2017 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended April 30, 2017.
Compared to the same period last year, net sales increased by 45 percent to $3.55 billion; gross margin grew 4.1 points to 45.1 percent; operating margin increased by 9.2 points to 26.5 percent; and earnings per share (EPS) grew 162 percent to $0.76. On a non-GAAP adjusted basis, gross... More
