Flexible Electronics News

Applied Materials Delivers Record Quarterly, Annual Revenue and EPS

Delivers record annual EPS of $1.54, up 38% year over year, and non-GAAP EPS of $1.75, up 47% year over year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. reported results for its fourth quarter and fiscal year ended Oct. 30, 2016.   Fourth quarter new orders were $3.03 billion, up 25% year over year. Backlog of $4.58 billion was up 46% year over year. Net sales of $3.30 billion were up 39% year over year.   The company recorded fourth quarter gross margin of 42.4%, operating margin of 23.6%, and diluted earnings per share (EPS) of $0.56. On a non-GAAP adjusted basis, fourth quarter gross margin increased 1.5 points yea...

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