Applied Materials (AMAT) Tops Q1 EPS by 8c, Offers Guidance
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Applied Materials Delivers Strong Year-on-Year Growth in Quarterly Revenue and Operating Profit
February 14, 2018 4:01 PM ESTRecord quarterly revenue of $4.20 billion, up 28 percent year over yearGAAP EPS of $0.13; record non-GAAP EPS of $1.06, up 58 percent year over yearDoubles quarterly dividend and increases share repurchase authorization by $6.0 billion
SANTA CLARA, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported record revenue and operating profit in its first quarter ended January 28, 2018.
First Quarter Results
Compared to the first quarter of fiscal 2017, Applied grew net sales by 28 percent to $4.20 billion. On a GAAP basis, the company increased... More
