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Quarterly revenue of $4.47 billion is up 19% year over year.
August 20, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported strong revenue, operating income and earnings per share in its third quarter ended July 29, 2018. Compared to the third quarter of fiscal 2017, Applied grew net sales by 19% to $4.47 billion. 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 earnings per share (EPS) grew 38% to $1.17. On a non-GAAP adjusted basis, over the same period, the company reported gross margi...
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