Flexible Electronics News

Applied Materials Announces 3Q 2013 Results

Spending shift to RD&E to fund profitable growth opportunities in precision materials engineering

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. reported results for its third quarter of fiscal 2013 ended July 28, 2013. Applied generated orders of $2.00 billion, down 12% from the prior quarter as a seasonal decline in foundry bookings was partially offset by growth in memory and logic orders along with higher bookings in the Display Group and Applied Global Services. Net sales were $1.98 billion, essentially flat sequentially. The company reported non-GAAP adjusted operating income of $312 million and non-GAAP ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters