Applied Materials: beats consensus in Q3

(CercleFinance.com) - On Thursday night Applied Materials announced Q3 2018-19 adjusted EPS that is down 29% at 74 cents, which is still four cents above the consensus.


The component maker for the semiconductor industry said that it saw its adjusted operating margin fall by 4.4 points to 23%, for revenues that are down 14% at 3.56 billion dollars.

For Q4 2018-19, the Santa Clara based group expects adjusted EPS of between 72 cents and 80 cents, for revenues of around 3,685 million dollars (plus or minus 150 million dollars).


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