Applied Materials (AMAT) Tops Q1 EPS by 8c, Offers Guidance

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Go back to Applied Materials (AMAT) Tops Q1 EPS by 8c, Offers Guidance

Applied Materials Delivers Strong Year-on-Year Growth in Quarterly Revenue and Operating Profit

February 14, 2018 4:01 PM EST

Record 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