Applied Materials Earnings Report Meets Estimates

By | May 15, 2014

Scalper1 News

Applied Materials, the largest producer of chip-making equipment, late Thursday reported quarterly earnings that met Wall Street estimates. Its in-line guidance for sales and earnings for the current quarter cheered investors. For its fiscal second quarter ended April 27, Applied Materials (AMAT) reported earnings per share minus items of 28 cents, meeting the consensus estimate of analysts polled by Thomson Reuters. That was up 75% from the Scalper1 News

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