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Company delivered year-over-year growth in orders, net sales and earnings per share.
November 12, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its fourth quarter and fiscal year ended Oct. 25, 2015. Fourth quarter orders were $2.42 billion, down 16% sequentially and up 7% year over year. Net sales were $2.37 billion, down 5% sequentially and up 5% year over year. On a non-GAAP adjusted basis, the company reported fourth-quarter gross margin of 42.2%, operating margin of 19.3%, and net income of $347 million or $0.29 per diluted share. The company recorded GAAP gross margin of 40.5%, ...
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