A visual treat of $AMAT Applied Materials Q3 2017 Earnings Report
Applied Materials reported a 83% jump in 3Q17 earnings. Net income rose to 925MM or $0.85 per share from $505MM or $0.46 per share last year. Net sales climbed 33% to $3.74Bil. Non-GAAP EPS surged 72% to $0.86.
The company expects 4Q17 net sales of $3.85-4.0Bil, the midpoint of the range would be an increase of about 19% year-over-year. The company sees adjusted EPS in the range of $0.86-0.94, the midpoint of the range would be an increase of about 36% year-over-year.
A visual treat of $AMAT Applied Materials Q3 2017 Earnings Report -alphastreet.com/bite/1c77b04
Applied Materials Delivers Strong Year-on-Year Growth in Quarterly Revenue and Operating Profit markets.siliconinvestor.com “We see sustainable strength in our markets as large, powerful trends drive a fundamental shift in the demand for semiconductors and displays,” said Gary Dickerson, president and CEO. “Our broad portfolio of capabilities and products puts us in a great position to outperform our markets and we’re confident that each of our three major business segments can deliver strong double-digit growth in 2018.”