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Q2 net sales of $2.44 billion up 4% year over year, led by growth in Applied Global Services and Display
May 14, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its second quarter ended April 26, 2015. Second quarter orders were $2.52 billion, up 11% sequentially and down 4% year over year. Net sales were $2.44 billion, up 4% sequentially and up 4% year over year. On a non-GAAP adjusted basis, the company reported gross margin of 43.2%, operating income of $476 million, and net income of $362 million or $0.29 per diluted share. The company recorded GAAP gross margin of 41.6%, operating income of $416 milli...
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