Applied Materials (AMAT) PT Raised to $62 at Susquehanna

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Applied Materials Delivers All-Time Record Performance

November 16, 2017 4:01 PM EST

Record quarterly revenue of $3.97 billion, up 20% year over yearRecord quarterly EPS of $0.91 up 63% year over year, and non-GAAP EPS of $0.93 up 41% year over yearRecord annual revenues and operating profit for all segmentsMomentum continues with record year-end backlog of $6.03 billion, up 32% year over year

SANTA CLARA, Calif., Nov. 16, 2017 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported record results in its fourth quarter and fiscal year ended October 29, 2017.

Fourth Quarter Results

Compared to the fourth quarter of fiscal... More