Applied Materials: Q4 above expectations.
(CercleFinance.com) - On Thursday night, Applied Materials announced adjusted EPS that is up 63% at 91 cents for Q4 2016-17, beating the consensus by two cents.
The California supplier for the semiconductor industry has improved its adjusted operating margin by 3.5 points to 28.7%, with sales that are up 20% at nearly 4 billion dollars.
For Q1 2017-18, the group's targets adjusted EPS of between 94 cents and 1.02 dollar, along with revenues of between 4 billion and 4.2 billion dollars, with the middles of these target ranges respectively corresponding to 46% and 25% annual growth.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The California supplier for the semiconductor industry has improved its adjusted operating margin by 3.5 points to 28.7%, with sales that are up 20% at nearly 4 billion dollars.
For Q1 2017-18, the group's targets adjusted EPS of between 94 cents and 1.02 dollar, along with revenues of between 4 billion and 4.2 billion dollars, with the middles of these target ranges respectively corresponding to 46% and 25% annual growth.
Copyright (c) 2017 CercleFinance.com. All rights reserved.