We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon
Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
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