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Company targets $5.08 in fiscal 2020 non-GAAP EPS as IoT, Big Data and A.I. transform major industries.
September 28, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
At its 2017 Analyst Day, Applied Materials, Inc. unveiled a new three-year financial outlook and illustrated how materials innovation is enabling a new era of computing to make possible IoT, big data and artificial intelligence (A.I.). The company is targeting non-GAAP adjusted earnings per share (EPS) of $5.08 for fiscal 2020 based on a $45 billion wafer fab equipment (WFE) market with increases in market share, gross margin, R&D investment and operating profit. “Our markets are str...
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