Lynx Equity Strategies Sees Buying Opportunity in Applied Materials (AMAT)

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Applied Materials Delivers Strong Year-On-Year Growth in Quarterly Revenue and Operating Income

August 16, 2018 4:02 PM EDT

Quarterly revenue of $4.47 billion, up 19 percent year over yearEPS of $1.17 and non-GAAP EPS of $1.20, up 38 percent and 40 percent year over year, respectivelyRecord revenue and operating income in Applied Global Services and Display

SANTA CLARA, Calif., Aug. 16, 2018 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported strong revenue, operating income and earnings per share in its third quarter ended July 29, 2018.

Third Quarter Results

Compared to the third quarter of fiscal 2017, Applied grew net sales by 19 percent to $4.47... More