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Fourth quarter orders of $2.09 billion up 5 percent sequentially, led by 16 percent growth in silicon systems orders
November 21, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its fourth quarter and fiscal year ended Oct. 27, 2013. In its fourth quarter, Applied generated orders of $2.09 billion, up 5% from the prior quarter led by strengthening demand in the Silicon Systems Group. Fourth quarter net sales were $1.99 billion, up 1% sequentially. Fourth quarter non-GAAP adjusted gross margin declined approximately 1 point to 42% while non-GAAP adjusted operating income grew 4% to $323 million or 16.2%. Non-GAAP adjust...
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