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Results in line with business outlook in a challenging environment
August 16, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its third quarter of fiscal 2012 ended July 29, 2012. Applied generated orders of $1.80 billion and net sales of $2.34 billion. Non-GAAP operating income was $431 million, and non-GAAP net income was $300 million, or 24 cents per share. GAAP operating income was $322 million, and GAAP net income was $218 million, or 17 cents per share. “We delivered solid financial performance in line with our outlook despite challenging industry conditio...
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