Flexible Electronics News

Applied Materials Delivers Best Quarter in Its 50-Year History

Record revenue of $3.74 billion is up 33% year over year, and generated a record $1.37 billion in cash from operations.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc., which celebrates its 50th corporate anniversary on Nov. 10, reported record results in its third quarter ended July 30, 2017.   Compared to the same period last year, the company grew net sales by 33% to $3.74 billion; increased gross margin by 3.1 points to 45.4%; grew operating margin by 6.2 points to 27.3%; and increased earnings per share (EPS) by 85% to $0.85. On a non-GAAP adjusted basis, the company increased gross margin by 2.9 points to 46.6%, grew operating m...

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