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Second consecutive quarter with more than $2 billion in new orders
May 16, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its second quarter of fiscal 2013 ended April 28, 2013. Applied generated orders of $2.27 billion, up 7% from the prior quarter, with Silicon Systems Group orders up 14% from the first quarter and Display orders up 41% sequentially. Net sales were $1.97 billion, up 25% sequentially. Applied reported non-GAAP adjusted operating income of $285 million and non-GAAP adjusted net income of $199 million, or 16 cents per diluted share. The company recorde...
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