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Thank you very much! I have followed and invested in tech stocks for a long time however I did not work in the industry so I dont really understand all of the dynamics specific to it another reason to avoid it for me personally. I like what I see from this company and bought in before the earnings report, wrong time of year I know but this bull looks like it still has legs and I want to allocate more to the tech side!
Applied Ventures Ramps Investment in Korea with New Innovation Fund Applied Materials and Korea Venture Investment Corporation establish fund targeting Korean technology startups across a broad range of industries The fund builds upon Applied Materials’ 30-year history helping advance the technology ecosystem in Korea
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