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Q4 net sales of $2.26 billion up 14 percent year over year, led by growth in semiconductor equipment and services
November 20, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its fourth quarter and fiscal year ended Oct. 26, 2014. In its fourth quarter, Applied generated orders of $2.26 billion, down 9% sequentially and up 8% year over year. Net sales were $2.26 billion, flat sequentially and up 14% year over year. On a non-GAAP adjusted basis, the company reported gross margin of 44.2%, operating income of $442 million, and net income of $338 million or $0.27 per diluted share. The company recorded GAAP gross margin of...
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