Thursday, August 16, 2018

Applied outlook gloomy

Applied Materials grew net sales by 19% to $4.47 billion in the quarter to the end of July. On a GAAP basis, the company recorded gross margin of 45.4% and grew operating income by 23%  to $1.26 billion or 28.1% of net sales. GAAP EPS) grew 38% to $1.17. On a non-GAAP adjusted basis, over the ...

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