Applied Materials: Q4 EPS estimates above estimates

(CercleFinance.com) - On Thursday evening, Applied Materials announced adjusted EPS up 4% at 97 cents in Q4 2017-18, which is in line with the consensus.


The California-based semiconductor equipment maker saw its adjusted operating margin fall by 2.1 points to 26.6%, for revenue that is up 1% to 4.01 billion dollars.

Reporting adjusted both record EPS of 4.45 dollars and revenues of 17.25 billion dollars over the past year, for the current quarter the group targets adjusted EPS of 75 cents to 83 cents, with revenues of between 3.56 billion and 3.86 billion dollars.



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