Applied Materials: Q3 above estimates
(CercleFinance.com) - On Thursday night Applied Materials unveiled Q3 2017-18 adjusted EPS of 1.
20 dollar, therefore beating the consensus by three cents.
The California semiconductor component maker improved its adjusted operating margin by a half a point to 29.2%, for revenues that were up 19% at 4.47 billion dollars.
“While we have seen some near-term adjustments in customer spending, fiscal 2018 is on track to be another record-setting year for Applied Materials and we expect each of our major businesses to deliver strong double-digit growth,” said Gary Dickerson, president and CEO.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
20 dollar, therefore beating the consensus by three cents.
The California semiconductor component maker improved its adjusted operating margin by a half a point to 29.2%, for revenues that were up 19% at 4.47 billion dollars.
“While we have seen some near-term adjustments in customer spending, fiscal 2018 is on track to be another record-setting year for Applied Materials and we expect each of our major businesses to deliver strong double-digit growth,” said Gary Dickerson, president and CEO.
Copyright (c) 2018 CercleFinance.com. All rights reserved.