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Orders of $2 billion up 26% sequentially, led by Silicon Systems Group
February 16, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its first quarter of fiscal 2012 ended Jan. 29, 2012. Applied generated orders of $2.01 billion and net sales of $2.19 billion. Non-GAAP operating income was $344 million, and non-GAAP net income was $240 million or 18 cents per share. GAAP operating income was $179 million, and GAAP net income was $117 million or 9 cents per share. Applied completed the acquisition of Varian Semiconductor Equipment Associates, Inc. during the quarter, and the res...
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